Hotel for sale in Armenoi, Chania

Property Listings :: Armenoi :: Search Results :: Property ID: PHS0797

PHS0797 - image #1
  • PHS0797 - image 1
  • PHS0797 - image 2
  • PHS0797 - image 3
  • PHS0797 - image 4
  • PHS0797 - image 5
  • PHS0797 - image 6
  • PHS0797 - image 7
  • PHS0797 - image 8
  • PHS0797 - image 9
  • PHS0797 - image 10
  • PHS0797 - image 11
  • PHS0797 - image 12
  • PHS0797 - image 13
  • PHS0797 - image 14
  • PHS0797 - image 15

€ 1,500,000*

  • * Price is negotiable
  • € 4,310 per m²

Municipality of Armenoi, Chania, Crete

SEAFRONT INVESTMENT OPPORTUNITY

print

The property is located in the municipal unit Armenoi of the municipality Apokoronas, about 20 minutes' drive east of the city Chania. It consists of 12 apartments of 25 m² to 35 m² each one and a maisonette of about 100 m². The maisonette consists of an open-plan living and kitchen area, on the ground floor and two bedrooms, on the upper floor. On each floor of the maisonette there is a bathroom while upstairs there is a large balcony of about 50 m². There is also a large storage room in the basement of the building.

The property is separated from the sea by a road while there is a long sandy beach with facilities, at a distance of about 100 m. It currently operates as a licensed hotel. The owner uses the maisonette. The 12 smaller apartments can comfortably accommodate at least 30 people as some have two rooms. Each apartment has its own bathroom and all have balconies with nice sea views. Each one also has air conditioning and independent oil heating with radiators.

The rooftop terrace and the large storage room of the building have remained unused but can easily become a café or restaurant. However, even as it is, the business is profitable enough with stable clientele every year, which guarantees a relatively short payback period. Among other things, the purchase of the property is a unique medium-term investment, as there is a redevelopment plan in the region.

Interested in this property?

  • Make an offer
  • Ask for a viewing, without obligation
  • Ask for more information
Verification Code
  • Please, type the code of the image to the box here
  • Key features
    • Type : Hotel
    • Built in : 1992
    • House area : 348 m²
    • Land area : 385 m²
    • Bedrooms : 14
    • Floors : 3
    • Closest beach : 10 m
  • Other attributes
    • Bottom floor : basement
    • Views : sea views
    • Heating Type : independent
    • Boiler fuel : oil
    • Bathrooms : 14
    • Balconies : 100 m²
    • Access : asphalt road
    • Sewage type : sewer system
    • Stone built : No
  • Amenities
    • Furnished : Yes
    • Fireplace : No
    • Air conditioners : Yes
    • Under-floor heating : No
    • Pool : No
    • Parking : No
    • Garage : No
    • Garden : No
    • Accessible to Disabled : No
    • Alarm : No
    • Elevator : No
    • Jacuzzi : No
    • Solar panel : Yes

Purchase fees & taxes

  • » Real Estate Fee : € 30,000
  • » Estim. Lawyer Fee : € 12,000
  • » Estim. Notary Fee : € 18,800
  • » Estim. Purch. Tax : € 45,000

About the region

Armenoi is a village and former municipality in the Chania peripheral unit, Crete, Greece. Since the 2011 local government reform it is part of the municipality Apokoronas, of which it is a municipal unit. The seat of the municipality of Armenoi is in the village of Kalyves…

more on wikipedia »

Properties by type