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Hotel for Sale in Attica region, Greece

For Sale: Aegina based hotel that has 27 sea view rooms, restaurant and private beach.
This Business is on a Premium Plan
Established 40-50 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Hotels
Locations  Attica region
Local Time 7:10 PM Europe / Athens
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 10 million (Native Currency: EUR 10,000,000)
Reason: The owner plans to retire. There is great potential and enough space to expand the business. A grea... View More
Includes physical assets worth USD 10 million
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Business Overview

- A serious investment in a tourist destination.

- The hotel has 27 sea view rooms and the total area of this amazing seafront property is 16,000 sqm.

- There is plenty of room for further development. There is space on the property to build additional guest rooms, suites, or luxury villas with sea views. Add a swimming pool/pool bar, water park, or even a floating marina. The sky is the limit!

- The property is entitled to receive up to 50% EU subsidy/grant for renovations and expansions and the addition of a private yacht marina.

- The sale would include the entire business and physical assets.

- The business is free from any short or long-term commitment.

- The business has been non-operation since the outbreak of Covid.

Products & Services Overview

Seaside hotel with 27 sea view rooms having an on-site restaurant, event venue, private rocky beach, sea and mountain views, hiking trails, forest surroundings, nearby archaeological sites, snorkelling, fishing, diving, and swimming.

The in-house café/restaurant offers a menu on the table with the Aegean Sea view.

Assets Overview

- Our assets include all the operating assets, the hotel building (900 sqm) including the 16,000 sqm (4 acres) plot with panoramic sea views, the private beach, the facilities, the website, the furnishings and the 9-seater minibus.

- The property is entitled to apply for and obtain planning permission to extend a further 2,200 sqm into more rooms, luxury villas and facilities.

The property is eligible for up to 50% EU grant for renovations and extensions and even the addition of a private marina.

Facilities Overview

The location is unique. The hotel has a built-up area of 900 sq. m. . It is constructed on a seafront plot of 16,000 sq. m.

There is a magnificent view of the Aegean Sea and beautiful forest surroundings.

All guest rooms have their own balcony with sea view.

Recent Activity
  • 1 week, 6 days ago
    Partner, Singapore, Business Broker connected with the Business
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Principal Consultant, Pune, M&A Advisor connected with the Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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4 Buyers contacted this Business this month.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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