For Sale: Investment (Hotel) in Kassandra, Halkidiki | Key Realtor Cyprus

For Sale: Investment (Hotel) in Kassandra, Halkidiki  | Key Realtor Cyprus
For Sale €20,000,000 - Hotel, Investment
30540 124 Bedrooms 124 Bathrooms 1 Year Built

For sale a 5* hotel on the first line from the sea in one of the most beautiful areas of the Kassandra peninsula, Halkidiki. In 2017, large-scale renovation works were carried out at the hotel. The hotel consists of a 2-storey central building and a bungalow. A total of 124 rooms of 25 sq. m. There is a bar, a pool bar, a beach bar, a breakfast room, a restaurant, a tavern A la cart. The rooms are equipped with air conditioning/heating, bath / shower, hair dryer, satellite TV, telephone, refrigerator, balcony or terrace, clothes dryer. The ability to connect to the Internet.

The infrastructure of the complex includes a swimming pool, a children’s pool, conference rooms (up to 280 people), an amphitheater for 200 people, a gym, a sauna, massage, a Jacuzzi, a mini club for children, a mini-market. There are 2 hard-surfaced tennis courts with special lighting, table tennis, and bicycles for rent on site.

A magnificent equipped beach is just a few meters away. A long strip of white sand stretches for several kilometers, the hotel is surrounded by hills with pine trees. A secluded place for a relaxing holiday with children.

The yield of the object is 11%. The payback period is up to 10 years. A detailed business plan has been prepared and is available upon additional request.

Additional Details

  • Plot Area: 37000 m2
  • Covered Area: 8000 m2
  • Toilets: 124
  • Parking Spaces: 1
  • ROI: 11 %
  • Floors: 2
  • Completion Year: 2017

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