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Hotel for sale in Chalcidice, Greece

Hotel for sale in Chalcidice, Greece - photo 1
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Hotel for sale in Chalcidice, Greece - photo 15
Price€1,600,000
TypeHotel
Land area700 m²
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Description

The hotel is located in Ouranoupoli, it has a garden and provides rooms with panoramic sea views. It offers a café-bar with an outdoor terrace and a varied Breakfast buffet. The spacious rooms and apartments at the hotel feature air conditioning and a furnished balcony. All rooms have refrigerator, TV with satellite channels and a safe. Each room has a private bathroom with free toiletries and a Hairdryer. Nearby is the port of Ouranoupoli, where every day you can cruise to mount Athos. The hotel offers a free transfer service, they can also help to rent a car. Featuring free Wi-Fi and free private Parking on site.  Is open all year round  2 land area (350 sqm x 2)  2 floors with 22 rooms (56 beds)  Reception reception Breakfast kitchen, 2 public C/a  Basement level (300 sqm)  Apartment (130 sqm)  Year of construction 1988-1990  Year renovation 2007-2008 and 2010-2011  Family business 4  Employees: 1 Society with limited liability (with extended travel activity) THE COSTS OF THE HOTEL:  Electricity – about 9000 euros per year  Communications (tel., mob., Fax, website) – 2000 euros per year  State insurance and 8000 euros per year  VAT – depending on income  Taxes depending on income  Municipal fee of 0.5% of revenues  Water supply system – 2000 euros per year  Services accountant – € 1,500 Yield: From 10% per annum

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
2 761 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%
Company Representatives
in Russia
Moscow
+7 (495) 240-81-87
in Spain
Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
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