Hotel for Sale in Kavala, Greece
Operational Greek hospitality property with event infrastructure seeking sale within growing cultural tourism market.
| Established | 40-50 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Other |
| Reported Sales | USD 350 thousand |
| Run Rate Sales | USD 350 thousand |
| EBITDA Margin | 13 % |
| Industries | Hotels + 1 more |
| Locations | Kavala |
| Local Time | 8:50 AM Europe / Athens |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Full Sale
Asking Price:
USD
2.9 million
(Native Currency: EUR 2,500,000)
Reason: The owner wishes to retire.
Includes physical assets worth
USD
2.3 million
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Business Name
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Business Overview
• Fully operational hospitality property located in Krinides, Kavala, Northern Greece, serving tourism, pilgrimage, cultural, and event-based clientele.
• Established hotel business operating continuously since the mid-1980s with strong positioning near major religious and historical landmarks.
• Features 26 fully operational guest rooms catering to individual travelers, organized tour groups, and event attendees.
• Strategically located near prominent pilgrimage and UNESCO-recognized cultural destinations, supporting year-round thematic tourism demand.
• Revenue is generated through room accommodation, food and beverage services, social events, corporate gatherings, and religious tourism groups.
• Property includes indoor and outdoor dining areas, reception hall, swimming pool, operational bar, landscaped gardens, and event hosting infrastructure.
• Landscaped event garden accommodates over 300 guests and is suitable for weddings, conferences, social functions, and corporate events.
• Positioned as a going-concern hospitality asset with strong future potential in the expanding cultural, pilgrimage, and experiential tourism sectors.
• Built-up area of approximately 1,125 sq. m. including two main floors and basement-level operational space.
• Business operates with a valid business license.
• Established hotel business operating continuously since the mid-1980s with strong positioning near major religious and historical landmarks.
• Features 26 fully operational guest rooms catering to individual travelers, organized tour groups, and event attendees.
• Strategically located near prominent pilgrimage and UNESCO-recognized cultural destinations, supporting year-round thematic tourism demand.
• Revenue is generated through room accommodation, food and beverage services, social events, corporate gatherings, and religious tourism groups.
• Property includes indoor and outdoor dining areas, reception hall, swimming pool, operational bar, landscaped gardens, and event hosting infrastructure.
• Landscaped event garden accommodates over 300 guests and is suitable for weddings, conferences, social functions, and corporate events.
• Positioned as a going-concern hospitality asset with strong future potential in the expanding cultural, pilgrimage, and experiential tourism sectors.
• Built-up area of approximately 1,125 sq. m. including two main floors and basement-level operational space.
• Business operates with a valid business license.
Products & Services Overview
The business primarily offers hotel accommodation, dining services, event hosting, and pilgrimage-focused hospitality experiences. Primary clientele includes tourists, religious and cultural tour groups, corporate event attendees, families, and social function guests visiting the Kavala region.
Assets Overview
Tangible assets:• Freehold hotel property and land (1,125 sq. m. ) – Approx. EUR 1.3M–2M.
• Guest room furniture, fixtures, and hotel interiors – Approx. EUR 150K–250K.
• Reception, lobby, dining, and banquet infrastructure – Approx. EUR 120K–200K.
• Swimming pool and related equipment – Approx. EUR 80K–150K.
• Bar setup, kitchen equipment, and hospitality operational assets – Approx. EUR 100K–180K.
• Landscaped gardens, outdoor event infrastructure, and site improvements – Approx. EUR 150K–250K.
• HVAC, plumbing, electrical systems, and building infrastructure – Approx. EUR 200K–350K.
Facilities Overview
The business operates from a freehold hospitality property in Krinides, Kavala, Northern Greece, with a total built-up area of approximately 1,125 sq. m. The facility consists of two main operational floors totaling approximately 550 sq. m. along with a 161 sq. m. basement area used for operational and support activities. The property includes 26 fully operational guest rooms, indoor and outdoor dining areas, a reception hall, swimming pool, operational bar, landscaped garden event space with capacity for over 300 guests, reception and lobby areas, and hospitality infrastructure suitable for tourism and event operations.
Capitalization Overview
- Sole owner.- No outstanding loans.
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