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Hotel for sale in Kriopigi, Kassandra, Greece, 650 m²

Hotel for sale in Kriopigi, Kassandra, Greece, 650 m² - photo 1
Hotel for sale in Kriopigi, Kassandra, Greece, 650 m² - photo 2
Hotel for sale in Kriopigi, Kassandra, Greece, 650 m² - photo 3
Hotel for sale in Kriopigi, Kassandra, Greece, 650 m² - photo 4
Hotel for sale in Kriopigi, Kassandra, Greece, 650 m² - photo 5
Hotel for sale in Kriopigi, Kassandra, Greece, 650 m² - photo 6
Hotel for sale in Kriopigi, Kassandra, Greece, 650 m² - photo 7
Hotel for sale in Kriopigi, Kassandra, Greece, 650 m² - photo 8
Hotel for sale in Kriopigi, Kassandra, Greece, 650 m² - photo 9
Hotel for sale in Kriopigi, Kassandra, Greece, 650 m² - photo 10
Price€3,500,000
TypeHotel
Year built1980
Covered area650 m²
Land area3150 m²
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Environment

Description

For sale a hotel of 650 sq m in Chalkidiki. It consists of: 12 apartments-studios Total beds 44 2 big apartments with 2 master bedrooms 4 apartments with 3 beds + 1 4 hotel rooms 2 beds each 1 bungalow 3 beds + 1 1 penthouse 3 beds + 1 40m2 balcony 1 swimming pool 12×5 meters Bar- restaurant fully equipped Technical room 100m2 with smart systems, fan coils, storage, washing machines, swimming pool equipment, etc. Total 650m2 on 3150m2 land 20 umbrellas and 40 sunbeds on the beach Best quality products were used for both furniture and equipment.

Extra Сosts when Buying Property

TRANSFER TAX3.09%
OTHER FEES
Land Registry Fees 0.5%
Notary fees 1.5% (+24% VAT)

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Interest Rate
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Ongoing Ownership Costs

Water supply €60-250 p.a.
Heating €0.104 KW/h
Electricity €0.07 KW/h
Gas €140-400 p.a.
Telephone and Internet €180-600 p.a.
Expenditure on common areas €200-400 p.a.
Income tax return from €50 p.a.
SINGLE REAL ESTATE PROPERTY TAX (PRINCIPLE
For buildings €2-13€/m2 p.a.
For plots of land in settlements 3-9€/1000 m2 p.a.
For plots of land outside settlements 1€/1000 m2 p.a.
REAL ESTATE PROPERTY TAX (ADDITIONAL)
Price from 200,000 0.1%
Price from 250,000 0.15%
Price 300,000-400,000 0.3%
And so on

Additional Services Costs

Legal fee 1.5% (+24% VAT)
Real Estate Agent Fee 2% (+24% VAT)

Return on Investment

Property Price
Rental Cost
0%
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