↩ Go Back
Need help?

Luxury Hotel for Sale in Psathopyrgos, Greece

For Sale: Strategically located luxury hotel in Greece with land of over 1.3 sq. km.
This Business is on a Premium Plan
Established 50-60 year(s)
Employees 10 - 50
Legal Entity S Corporation
Reported Sales USD 750 thousand
Run Rate Sales USD 900 thousand
EBITDA Margin 25 %
Industries Luxury Hotels
Locations  Psathopyrgos
Local Time 2:02 PM Europe / Athens
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 5.3 million (Native Currency: EUR 5,000,000)
Reason: Personal reasons.
Includes physical assets worth USD 3.2 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
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, an outdoor freshwater swimming pool with an attached pool bar, tennis court, volleyball 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

The entire complex is spread over 1.3 sq. km.

Capitalization Overview
Not Disclosed
Recent Activity
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.
Contact Business

1 Buyer viewed this Business this week.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more