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Hotel for sale in Heraklion, Greece, 990 m²

Hotel for sale in Heraklion, Greece, 990 m² - photo 1
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Price€1,100,000
TypeHotel
Covered area990 m²
Land area5000 m²
Rooms22
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Description

Area hotels – 990 m 2 Plot area – 5000 m2 Number of rooms – 22 Distance to the sea 400 metres Distance to airport – 20 minutes Cosy hotel is located in Anissaras, Hersonissos, on the island of Crete and has 22 traditionally decorated and comfortable rooms: single, double, triple and quadruple. It is 3 km from the centre of Hersonissos, famous for its vibrant nightlife, its beautiful charm and wonderful beaches. At a distance of 4 km there is a traditional village called Koutouloufari, which is located on top of a hill. This is a perfect outing for guests seeking variety, and those who want to buy authentic Cretan products like olive oil, dakos, honey, herbs. Each room is decorated in a different color, emphasizing their uniqueness and providing a smooth combination of Cretan style with modern touches. All rooms have private bathrooms, living rooms, porches, refrigerators, safes and many other amenities that transform a stay into a comfortable and pleasant time. The hotel also has a reception, eating area, restaurant, cafe/bar, swimming pool with garden.

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
1 898 per month
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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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