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7 bed hotel for sale in Sidari, Kerkira, Greece, 390 m²

7 bed hotel for sale in Sidari, Kerkira, Greece, 390 m² - photo 1
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7 bed hotel for sale in Sidari, Kerkira, Greece, 390 m² - photo 17
7 bed hotel for sale in Sidari, Kerkira, Greece, 390 m² - photo 18
Price€850,000
TypeHotel
Year built1985
Covered area390 m²
Land area4000 m²
Beds7
Bath4
Rooms10
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Environment

Description

For sale hotel of 390 sq.meters on the island of Corfu. The hotel has 3 levels.The ground floor consists of 3 bedrooms, one kitchen, one bathroom. The first floor consists of 2 bedrooms, 2 living rooms, 2 kitchens, 2 shower WC. The second floor consists of 2 bedrooms, living room, one kitchen, one shower WC. There is air conditioning and heating. The owners will be leaving the furniture with the sale. Extras included with the property: parking space, garden. For sale, a detached cottage with its total area of ​​390 sq.m. on the magnificent island of Corfu. A three-storey house consists of six independent apartments: on the ground floor, there is an apartment with three bedrooms, a kitchen and a bathroom (bathtub) + a studio apartment with one bedroom, a kitchen and a bathroom (shower). On the first floor, there are two apartments with two bedrooms, a kitchen, a bathroom (shower) and a corridor. On the second floor, there is an apartment with two bedrooms, a kitchen, a bathroom (shower) and a corridor + a studio apartment with one bedroom, a kitchen and a bathroom (shower). The flat has heating, kitchen furniture, fitted wardrobes and furniture in the rooms, household appliances, hot water (boiler), etc. The cottage has its own plot of land of 4000 square meters, which is covered with lawn and carefully groomed. There is a small house built on this plot. It consists of a bedroom united with a kitchen, a corridor and a bathroom (shower). This property can also be used as a mini apart-hotel. The coastal village is located in the north-eastern part of the island and is famous for its sandy beaches with shallow waters, beautiful sunsets, palm trees on the beach, fantastic rock formations, and a unique canyon "Canal d'Amour" (Canal of Love). Distance from Corfu is 37 km.

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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