Luxury hotel for sale in Crete

About this property

Luxury hotel for sale in Crete. This 1000m² seafront hotel with a private beach has 12 maisonettes (with 36 beds in total), a restaurant, a bar, a spa, and a heated swimming pool. It is one of the most unique historical buildings in Greece, and offers an exceptional opportunity for investment as this kind of building is a jewel and it is rarely available for sale. Built in 1886, the hotel was initially the summer residence for the Turkish lord of Rethymnon.

During the early 20th century, it was converted into a Female School, while after the war it was turned into a Sardine Factory. Finally, in 1985 and after several years of abandonment, it became a hotel. It is a luxury hotel that has an exceptional character with all the historical elements that are kept with great care. It is 1000m² in total and on the 280m² ground floor, there is a restaurant, a bar and the reception indoors.

The outdoor area is 300m² with a restaurant area for 80 people. On the first and the second floor (150m² each), there are 12 spacious maisonettes, each suitable for 2-4 people. They all have large balconies and verandas and panoramic sea views to the sea, the Fortress and the port. The hotel operates all-year around and the yearly capacity is at 80%.

Features & amenities