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Hotel for sale in Glyfada, Kerkira, Greece, 400 m²

Hotel for sale in Glyfada, Kerkira, Greece, 400 m² - photo 1
Hotel for sale in Glyfada, Kerkira, Greece, 400 m² - photo 2
Hotel for sale in Glyfada, Kerkira, Greece, 400 m² - photo 3
Hotel for sale in Glyfada, Kerkira, Greece, 400 m² - photo 4
Hotel for sale in Glyfada, Kerkira, Greece, 400 m² - photo 5
Hotel for sale in Glyfada, Kerkira, Greece, 400 m² - photo 6
Hotel for sale in Glyfada, Kerkira, Greece, 400 m² - photo 7
Hotel for sale in Glyfada, Kerkira, Greece, 400 m² - photo 8
Hotel for sale in Glyfada, Kerkira, Greece, 400 m² - photo 9
Hotel for sale in Glyfada, Kerkira, Greece, 400 m² - photo 10
Price€3,200,000
TypeHotel
Covered area400 m²
Land area6700 m²
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Environment

Description

For sale hotel of 400 sq.meters on the island of Corfu. The hotel has 0 levels. Extras included with the property: parking space, garden. For sale property in an exceptional location on the first line of Glyfada, just 15 kilometers away from the Corfu center. It is an old small hotel on a plot of 6700 square meters with direct access to the sea and a large parking space. In case of renovation or reconstruction of the property, our construction department can undertake the project. The property is situated in an ideal location for every kind of investment.

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
5 522 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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