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Newly Established Hotel for Sale in Athens, Greece

Beachfront 3-story building near Athens with potential for a 3-4 star hotel with 11% ROI.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 10 - 50
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Hotels
Locations  Athens
Local Time 8:19 AM Europe / Athens
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 4.4 million (Native Currency: EUR 3,750,000)
Reason: We are a construction development company, where our business model is to sell properties and renova... View More
Includes physical assets worth USD 4.4 million
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Business Overview
- A beachfront three-story building near Athens that's conveniently located near the international airport, exhibition center, second busiest port in Attica.
- It has a good potential to be constructed/renovated into a 3 to 4 star hotel.
The possible services that can be offered are:
• Accommodation services.
• Airport / port shuttle service.
• Tour packages.
• Spa and wellness services.
• Restaurant and dining services.
• Water sports and beach activities.
• Concierge services.
• Exclusive membership programs.
By offering these products and services, the hotel can attract a diverse range of customers, including tourists, business travelers, event attendees, and those seeking a beachfront getaway.
- Marketing strategies may include online advertising, partnerships with airlines and event organizers, and maintaining an active presence on travel and booking websites.
The construction can be as follows:
- Outdoor pool area, parking, restaurant and bar.
Ground floor:
• Lobby, reception, retail/health interest store 46 sq. m.
• 10 rooms.
1st and 2nd floor:
• 12 rooms on each floor (facing the garden-swimming pool-street-beach).
- ROI turnover is a fixed minimum of 3%.
- This is the possible construction plan, however, the buyer is free to have the interior and exterior design and set-up as per his preferences.
- The property registration will be transferred to the buyer.
Products & Services Overview
Three-story building near Athens can be constructed into a 3 to 4 star Hotel / Apart Hotel, which will provide:
- 34 units/ apatments.
- Parking area.
- Outdoor swimming pool.
- Outdoor restaurant / pool bar.
Assets Overview
Physical assets include three-story building with a roof, on a plot of 1,700 sq. m.
Facilities Overview
Three-story building with Ground floor + 2 floors + 1 roof, on a plot of 1,700 sq. m, located in Artemida, Eastern Attica. Each floor is 370 sqm.
Owned by a family.
Capitalization Overview
The business is self-funded.
The buisness is not operational yet.
No loans or debts.
There are 6 owners (five of them one-family)
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.
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4 Buyers already contacted this Business. 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.
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