Luxury Hotel for Sale in Eretria, Greece

- Located in the prime area of Eretria, this luxury hotel is currently undergoing renovation and consists of 25 guest rooms, of which 22 offer stunning sea views.
- The hotel features a luxury spa area, a rooftop bar, and a spacious lobby and bar, providing guests with an array of high-end amenities.
- Although currently non-operational due to the impacts of Covid-19, there is significant potential for revenue generation once renovations are complete and operations resume.
- The existing hotel structure and restaurant are in very good condition, providing a solid foundation for rebranding and styling efforts.
- The owner has cleared all debts associated with the property and is currently leading the approval process for a wellness center, adding further value to the hotel through amenities like a gym, indoor pool, jacuzzi, and treatment rooms.
- Plans are in place to develop 4 one-bedroom units, all featuring private pools, catering to the growing demand for luxury accommodations.
- The property was acquired after Covid and is being managed by an SA Company, which had cleared all prior liabilities.