Golden Visa Opportunity | City Hotel for Sale, Crete - 122 units

Features

  •  Offices: 122
  •  WC:
  •   Floor:
  •   WC:
  •   Building Year: 1991
  •   Parkings:
Area: Rethymno (Rethymno)
Subarea: Perivolia
Price: 13,500,000€
Sq.m: 6843
Category: Commercial
Type: Hotel
Status:
Price/Sq.m: 1,973€
In plot/With garden (Sq.m): 6400
View:
Heating: Independent
Levels: 4
EEC: E
Code: 1756067
Code: 16505
 

Additional Features

Security alarm Storage room Cargo ramp False roof Structured Cabling Cable TV Inner stairs Balconies Investment Airy Bright AirConditioning
 

Description

Crete - Rethymno, 100m away from the beach, 3* city resort hotel of 122 rooms - 69 studios of 26m2 each and 53 apartments of 40m2 each - and 6.843m2 total surface with 400m2 remaining building coefficient (can build extra 15-20 units). It was constructed in 1991 on a 6.400m2 plot of land and refurbished in 2007. This opportunity is greatly located 10min walking distance from the Old Town of Rethymno, 1km away from the port and 1h away from Chania International Airport.

Asking price: 13.5mn€ (asset transaction)

Important to stress that it is an AAA real estate Golden Visa opportunity, as these buildings were originally constructed for residential use. In case of Golden Visa we have 122 units x 250K/unit = 30.5m€ revenue meaning 100%+ ROI.

Isqm real estate Ι.Κ.Ε., Tel: +30 210 3000840, email: [email protected]

Attention: In order to visit or receive documents, floor plans for the property, it is necessary to indicate or send with email your ID card & passport according to Law 4072/11-4-2012

2% + vat buyer’s agent fee
 

Map

Points of Interest

Distance from: Airport (m): 1000, Seaside (m): 100, City (m): 200
 

Property's Statistics

Published date: 16 Sep, 2024
Update date: 02 Apr, 2025
 

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logo Golden Visa Opportunity | City Hotel for Sale, Crete - 122 units



Features

Area: Rethymno (Rethymno)
Subarea: Perivolia
Price: 13,500,000€
Sq.m: 6843
Category: Commercial
Type: Hotel
Status:
Price/Sq.m: 1,973€
Offices: 122
WC:
Bathrooms:
Floor:
Building Year: 1991
In plot/With garden (Sq.m): 6400
View:
Parkings
Heating: Independent
Levels: 4
EEC: E
ID code: 1756067
Code: 16505
 

Description

Crete - Rethymno, 100m away from the beach, 3* city resort hotel of 122 rooms - 69 studios of 26m2 each and 53 apartments of 40m2 each - and 6.843m2 total surface with 400m2 remaining building coefficient (can build extra 15-20 units). It was constructed in 1991 on a 6.400m2 plot of land and refurbished in 2007. This opportunity is greatly located 10min walking distance from the Old Town of Rethymno, 1km away from the port and 1h away from Chania International Airport.

Asking price: 13.5mn€ (asset transaction)

Important to stress that it is an AAA real estate Golden Visa opportunity, as these buildings were originally constructed for residential use. In case of Golden Visa we have 122 units x 250K/unit = 30.5m€ revenue meaning 100%+ ROI.

Isqm real estate Ι.Κ.Ε., Tel: +30 210 3000840, email: [email protected]

Attention: In order to visit or receive documents, floor plans for the property, it is necessary to indicate or send with email your ID card & passport according to Law 4072/11-4-2012

2% + vat buyer’s agent fee
 
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