8.4 / 10
 Psathopyrgos

For Sale: Strategically located luxury hotel in Greece with land of over 1.3 sq. km.

Key Business Facts
Yearly Sales USD 980 thousand
EBIDTA Margin 25 %
Industries Luxury Hotels
Locations  Psathopyrgos
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.
Full Sale
Asking Price: USD 5.9 million (Native Currency: EUR 5,000,000)
Reason: Personal reasons.
Includes physical assets worth USD 3.5 million
Interested to connect with advisors
In talks with 3 Investors
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