Overview
Description
Located in the lively coastal area of Sidari, this well kept hospitality property spans a generous 3,000m² plot with 1,300m² of built space. Originally constructed in 2003 and updated in 2013, it includes four separate buildings designed for efficiency and guest comfort. The complex houses a total of 29 guest rooms, divided into three size categories, 8 rooms at 48m², 10 rooms at 32m², and 11 rooms at 26m², making it ideal for accommodating both couples and families.
The property offers a wide range of on-site facilities that enhance the overall guest experience. A large swimming pool, private tennis court, and ample parking provide plenty of outdoor leisure and convenience. Inside, you’ll find a well-equipped bar, a functional kitchen, and a dedicated reception area, all supported by utility spaces and service areas to keep operations running smoothly.
This is a fully operational business with solid income streams. The net income from room rentals reaches approximately €185,000 annually, while the bar generates around €37,000. Operating expenses are kept relatively low at €26,000, thanks in part to a small, effective team of four staff members. The business shows healthy margins and stable returns, ideal for someone seeking a ready to run investment.
Key Features
- Plot size: 3,000m² | Built area: 1,300m²
- 4 separate buildings with 29 guest rooms
- Room breakdown: 8×48m², 10×32m², 11×26m²
- Large pool, tennis court, and private parking
- Bar, kitchen, reception, and utility rooms
- Annual net income: €222,000 | Expenses: €26,000
- Fully staffed with 4 employees
Asking price: €1.3 million
