Hotel Business for sale in Crete

Hotel Business for sale in Crete. 10.000m² of land are the home of Hotel Suites (2*) composed of 3 buildings, in total 1.500m², with 16 spacious apartments (70beds), which are for sale on the beautiful peninsula of Akrotiri in Crete-Greece, offering spectacular views to the sea... The complex was built in 2000 and still has a remaining building allowance of 500m², while one can purchase the plot next to it and extend the property. The suites have 2 or 3 bedrooms, all coming with a fully equipped kitchen, living room, and bathroom, and are provided with telephone, TV, and air-conditioning. In addition to the large main swimming pool and adjoining children"s pool, there is an indoor complex containing a heated swimming pool, Jacuzzi, steam room, sauna, gymnasium, and billiards room. For those who do not wish to venture far, there is available a selection of excellent quality traditional home-cooked food/drink from the onsite poolside bar. The annual turnover is 320.000 Euros, while the occupation during high season (July-August) is 100%, during the early season (May-June) 50%, and 20% in September. The expenses are:

• Electricity per season – 3.000 euros
• Water per season – 700euros
• Washing/laundry per season – 1.000euros
• Cleaning person – 600euros per month
• Bar staff(1 person) – 600euros per month
• General maintenance (1 person) – 500euros per month

This business property for sale is located near to archaeological sites, areas of religious and historic interest such as the monasteries of Jagarolon, Gouverneto, and Catholic; and in the area are numerous taverns, bars, cafeterias, and supermarket. It is close to a small and quiet settlement north-west of the town of Chania on the peninsula of Akrotiri. Some very nice beaches are close by and the international airport of Chania and the town are in a small distance reachable.