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Hotel for sale in Kallithea, Kassandra, Greece, 400 m²

Hotel for sale in Kallithea, Kassandra, Greece, 400 m² - photo 1
Hotel for sale in Kallithea, Kassandra, Greece, 400 m² - photo 2
Hotel for sale in Kallithea, Kassandra, Greece, 400 m² - photo 3
Hotel for sale in Kallithea, Kassandra, Greece, 400 m² - photo 4
Hotel for sale in Kallithea, Kassandra, Greece, 400 m² - photo 5
Hotel for sale in Kallithea, Kassandra, Greece, 400 m² - photo 6
Hotel for sale in Kallithea, Kassandra, Greece, 400 m² - photo 7
Hotel for sale in Kallithea, Kassandra, Greece, 400 m² - photo 8
Hotel for sale in Kallithea, Kassandra, Greece, 400 m² - photo 9
Hotel for sale in Kallithea, Kassandra, Greece, 400 m² - photo 10
Price€600,000
TypeHotel
Year built2020
Covered area400 m²
Land area500 m²
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Environment

Description

For sale hotel of 400 sq.meters in Kassandra, Chalkidiki. The hotel has 0 levels. For sale is a building with rooms intended for rent, at the construction stage, in one of the busiest villages of the Kassandra peninsula, Halkidiki. The property has a land plot of 500 square meters. After the completion of the project, the building will consist of 24 single rooms, and on the ground floor there will be a pool bar and a kitchen. According to the contractor, 250.000 euros are needed to complete the project.

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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