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Newly Established Resort Investment Opportunity in Spilaio, Greece

Experienced hotelier plans to develop a luxury glamping resort near a nature reserve in Greece.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Resorts
Locations  Spilaio
Local Time 10:36 PM Europe / Athens
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 570 thousand for 50.0% stake (Native Currency: EUR 500,000)
Reason: The investment will allow for the development of a 1,700 m2 luxury / EUR 3.3m worth glamping resort ... View More
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About Us
Resort Project
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Business Overview
- Company is developing our first eco resort in Spilaion, Grevena, a pristine mountain area in Northern/Central Greece, overlooking the Venetikos River Canyon.
- The resort is located at the entrance of the Pindos National Park, offering a stunning natural setting.
- The project promoter has 30 years experience in the hospitality industry and a solid knowledge of the glamping sector after incorporating a successful glamping venture.
- The first resort will offer luxury accommodation, food and beverage, and wellness facilities, catering to guests seeking boutique-sized eco resorts.
- Currently, Greece has limited offerings in high-standard glamping. Glamping, short for "glamorous camping, " combines the experience of camping in nature with the luxury and comfort typically found in high-end accommodations.
- Our business promoter, brings 30 years of experience in hospitality with expertise in hotel chains, private hotels, and the glamping sector.
- The resort will be developed on 30,000 m2 (7.5 acres) of land, with 35 luxury units to accommodate 70-80 guests.
- Construction will take 12 months from the time of securing funding.
- We are in the process of obtaining the necessary licenses, which will follow the procurement of the land. Once the land is finalized we will incorporate the new entity and obtain construction licenses. The investor would get a 50% stake in this company and the land.
- A 30,000 m2 land has been identified in Northern Greece for this project.
Products & Services Overview
Glamping eco resort to be constructed in northern Greece offering luxury accommodations, food and beverage facilities, a spa and wellness area and various off the resort activities inlcuding trekking, biking, horseriding and more. The clientele will be able to book through specialised glamping sites, large booking sites, travel agencies or directly to the hotel site.
Assets Overview
Currently no assets in the name of the new entity. Post finalization of land, the investors would get a 50% stake in the land along with the company. Upon completion, the property value will exceed EUR 3,200,000 including land.
Facilities Overview
- 1,700 m2 of cabins and public areas (lounge bar and restaurant, spa and multi purpose room) will be developped at the resort on a full owned 30,000 m2 land.
Capitalization Overview
The startup will be financed through the following sources:
1. €200,000 in equity from the project promoter.
2. €500,000 from new partners, representing 50% ownership of the business.
3. A bank loan of €550,000.
4. EU and government subsidies in excess of EUR 2,00,000 (covering up to 60% of the total investment)
The project promoter is the sole owner.
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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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