Luxury Hotel for Sale in Psathopyrgos, Greece

Strategically located luxury hotel in Greece for sale.
This Business is on a Premium Plan
Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 1 million
EBITDA Margin 25 %
Industries Luxury Hotels
Locations  Psathopyrgos
Local Time 7:24 AM Greece
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 6 million (Native Currency: EUR 5,000,000)
Reason: Personal reasons.
Includes physical assets worth USD 3.5 million
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Business Overview

- Well known seasonally operated seaside hotel with 93 rooms and has been fully renovated recently.

- Strategically located in the suburbs of Patras, close to the University Hospital in Psathopyrgos. The hotel is located near many archaeological sites like Delphi, Olympia, Kalavryta and is close to the Araxos and Athens airports.

- The main structure is a 4-storey building surrounded by olive gardens.

- The hotel is equipped with double and triple room suites, a spa, two restaurants, a conference room, outdoor fresh water swimming pool with an attached pool bar, tennis court, volley ball court and a 50 sq. m. penthouse apartment providing a view of the village.

- The second building has 2 floors with 5 rooms on the ground floor and 3 bedrooms, an open kitchen-dining-living room, a large sunny veranda and a large garden.

- The second building presently serves as the staff quarters.

Products & Services Overview

93 rooms, 2 restaurants, Swimming pool with a bar, tennis court, volleyball court.

Facilities Overview
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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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