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Hotel for sale in Sidari, Kerkira, Greece, 340 m²

Hotel for sale in Sidari, Kerkira, Greece, 340 m² - photo 1
Hotel for sale in Sidari, Kerkira, Greece, 340 m² - photo 2
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Hotel for sale in Sidari, Kerkira, Greece, 340 m² - photo 4
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Hotel for sale in Sidari, Kerkira, Greece, 340 m² - photo 8
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Hotel for sale in Sidari, Kerkira, Greece, 340 m² - photo 10
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Hotel for sale in Sidari, Kerkira, Greece, 340 m² - photo 12
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Hotel for sale in Sidari, Kerkira, Greece, 340 m² - photo 14
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Hotel for sale in Sidari, Kerkira, Greece, 340 m² - photo 19
Hotel for sale in Sidari, Kerkira, Greece, 340 m² - photo 20
Price€500,000
TypeHotel
Year built1980
Covered area340 m²
Land area4000 m²
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Environment

Description

For sale hotel of 340 sq.meters on the island of Corfu. The hotel has 0 levels. There is a fireplace. Extras included with the property: parking space, garden. For sale, a complex of two buildings (220 sq.m +120 sq.m) in Sidari, north of Corfu. The first one-level building of 220 sq.m consists of 4 two-room apartments. The second one-level building of 120 sq.m consists of 2 three-room apartments. The buildings are located on a plot of 4000 sq.m, only 450 m from the sea and 200 m from the main road. The apartments are in excellent condition and are rented every summer. It is also possible to purchase a nearby land of even landscape of 5000 sq.m with possibility to build 200 sq.m (code 43640).

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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