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Serviced Apartment for Sale in Thera, Greece

Explore serviced apartments for sale with strong vacation rental demand in Santorini.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 140 thousand
EBITDA Margin Nil
Industries Serviced Apartments
Locations  Thera
Local Time 4:04 AM Europe / Athens
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 350 thousand (Native Currency: EUR 300,000)
Reason: The owners intend to reallocate capital to new investment opportunities while ensuring a smooth tran... View More
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Business Overview
- Established serviced apartments management business operating in Santorini, focused on short-term rentals for international leisure travelers.
- Revenue generated through a stable mix of OTA platforms and direct bookings, benefiting from strong seasonal tourism demand.
- Operates under a long-term lease structure with approximately eight years remaining, providing continuity and operational stability.
- Manages four fully renovated serviced apartments comprising two triple rooms, one quadruple room, and one large apartment accommodating up to eight guests.
- Property setup includes a staff room, large courtyard, private parking, storage areas, and an in-house laundry facility.
- Business is promoter-managed with hands-on experience in hospitality operations and guest management.
- Lean operating model with minimal staffing, supporting cost efficiency.
- Strong repeat guest profile and international customer base driven by Santorini’s tourism appeal.
- The new buyer can continue operations from the same property; however, the transaction is limited to the sale of the business license.
- Last year we were not operational; therefore, the last year's annual revenue is missing.
Products & Services Overview
Short-term serviced apartment stays for international leisure travelers booking via major OTAs and direct channels for Santorini visits.
Assets Overview
- Asset-light structure with no tangible assets; value is centered on operational continuity and regulatory setup.
- Intangible assets include the business license and company registration required to operate the serviced apartment activity.
Facilities Overview
The business manages four fully renovated serviced apartments comprising two triple rooms, one quadruple room, and one large apartment accommodating up to eight guests, along with a staff room, courtyard, private parking, storage areas, and a laundry facility. Operations are conducted under a long-term lease with approximately eight years remaining, at a monthly rent of around EUR 3,700.
Capitalization Overview
Ownership held by two shareholders with equal shareholding, with no loans and business funded by the owners.
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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2 Buyers contacted this Business this month. 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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