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Worldwide- Listing ID: 1248937
- (Seller ref: CI2158)
Small Hotel On The Beach In Rethymno For Sale
- Rethymno
- €500k - €1m
- Sales revenue:
- 0 - €500k
- Cash flow:
- 0 - €250k
Listed by:
Business description
Small hotel with 8 apartments for sale on the beach. It was built in 1993-1995 and has been closed past 3 years, thus needing small scale renovation.
Hotel was built on 1009m2 land on the front line and has further building allowance for 300m2. Property consists of main building with 8 apartments , large basement area and reception building.
Great option for small investors who want to start up in Crete!
Property information
- Real Estate:
- Real Property Included
- Location:
- Absolute beach line property. Area is not too touristy but with great beach line. It has some hotels, taverns and supermarkets nearby. Distance to Rethymno city 11km
- Size in square feet:
- 421m2
Business Operation
- Expansion potential:
- further 300m2 building allowance
- Competition / Market:
- Area is not too touristy but has some bigger size hotels nearby.
- Reasons for selling:
- owners have left the island and have no interest in this business.
- Years established:
- 1993 -1995
are required by the Seller
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