• Listing ID: 1248937
  • (Seller ref: CI2158)

Small Hotel On The Beach In Rethymno For Sale


Location:
Category:
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Listed by:


Asking price:
€500k - €1m
Sales revenue:
0 - €500k
Cash flow:
0 - €250k
Years established:
1993 -1995


view from hallway

view from hallway

1/3


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!


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

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.

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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