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Hotel for sale in Heraklion, Greece, 700 m²

Hotel for sale in Heraklion, Greece, 700 m² - photo 1
Hotel for sale in Heraklion, Greece, 700 m² - photo 2
Hotel for sale in Heraklion, Greece, 700 m² - photo 3
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Hotel for sale in Heraklion, Greece, 700 m² - photo 9
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Hotel for sale in Heraklion, Greece, 700 m² - photo 11
Hotel for sale in Heraklion, Greece, 700 m² - photo 12
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Hotel for sale in Heraklion, Greece, 700 m² - photo 16
Hotel for sale in Heraklion, Greece, 700 m² - photo 17
Price€2,000,000
TypeHotel
Covered area700 m²
Land area4500 m²
Rooms44
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Description

Located in a quiet part of the bustling resort of Hersonissos in Crete. It offers an outdoor pool and a children's pool. The walk to the beach within 3 minutes. All rooms are decorated in traditional island style and feature a balcony with sea views, a TV and a private bathroom with a shower and Hairdryer. The lively centre of Hersonissos is just 1.3 km from the hotel. The neighbourhood has plenty of cafes and restaurants where you can have lunch and dinner, and the distance to the Star Beach water Park is 300 m. the hotel serves a Daily continental Breakfast buffet. The lounge bar serves drinks and coffee. There is also a cafe/bar, restaurant, Parking and a business center. The hotel area – 700 m 2 Plot area – 4500 m 2 Number of rooms – 44 Distance to sea 600 m Distance to airport – 25 minutes

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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