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Hotel for sale in Lutra Edipsos, Euboea, Greece, 850 m²

Hotel for sale in Lutra Edipsos, Euboea, Greece, 850 m² - photo 1
Hotel for sale in Lutra Edipsos, Euboea, Greece, 850 m² - photo 2
Hotel for sale in Lutra Edipsos, Euboea, Greece, 850 m² - photo 3
Hotel for sale in Lutra Edipsos, Euboea, Greece, 850 m² - photo 4
Hotel for sale in Lutra Edipsos, Euboea, Greece, 850 m² - photo 5
Hotel for sale in Lutra Edipsos, Euboea, Greece, 850 m² - photo 6
Hotel for sale in Lutra Edipsos, Euboea, Greece, 850 m² - photo 7
Price€950,000
TypeHotel
Covered area850 m²
Land area250 m²
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Environment

Description

The hotel is located in the sedated Spa Resort of the Nothern Euvoia, Loutra Edipsou, which is the most visited spot in northern Evia. Its therapeutic sulfur waters have been celebrated since antiquity, and continue to draw a stream of medical tourist. There is a legend that says that the Goddess Athena has asked her brother Hephaestus (The God of fire), to make here the thermal springs so her favorite hero Herakles could take a rest here, after his labors. Today, the town has Greece's most up-to-date hydrotherapy and physiotherapy centers, are mostly located here. The town beach (Paralia Loutron) heats up year-round thank tothe thermal waters into the bay. The hotel consists of the ground-floor and four levels, provides 27 rooms for the guests, equippedwith the air-conditioners, Led-Tv, WiFi connection. There is also a bar with and utility spaces in the lobby.

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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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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