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Hotel for sale in Ag. Georgios Pagon, Kerkira, Greece, 850 m²

Hotel for sale in Ag. Georgios Pagon, Kerkira, Greece, 850 m² - photo 1
Hotel for sale in Ag. Georgios Pagon, Kerkira, Greece, 850 m² - photo 2
Hotel for sale in Ag. Georgios Pagon, Kerkira, Greece, 850 m² - photo 3
Hotel for sale in Ag. Georgios Pagon, Kerkira, Greece, 850 m² - photo 4
Hotel for sale in Ag. Georgios Pagon, Kerkira, Greece, 850 m² - photo 5
Hotel for sale in Ag. Georgios Pagon, Kerkira, Greece, 850 m² - photo 6
Hotel for sale in Ag. Georgios Pagon, Kerkira, Greece, 850 m² - photo 7
Hotel for sale in Ag. Georgios Pagon, Kerkira, Greece, 850 m² - photo 8
Hotel for sale in Ag. Georgios Pagon, Kerkira, Greece, 850 m² - photo 9
Hotel for sale in Ag. Georgios Pagon, Kerkira, Greece, 850 m² - photo 10
Price€900,000
TypeHotel
Year built1986
Covered area850 m²
Land area4000 m²
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Environment

Description

For sale hotel of 850 sq.meters on the island of Corfu. The hotel has 0 levels. For sale, a 850 sq.m beachfront hotel located in Agios Georgios Pagon in the north-west of Corfu. The object is located in the heart of the village on the 1st line just 5 m from the sandy beach. The hotel was closed in 2007. It has a 4.000 sq.m plot and consists of: - Pool 140 sqm with sea view - Pool bar - Restaurant 150 sqm with sea view - 34 rooms located in 2 buildings The property needs renovation. Our company can undertake all the repair works. Travelling down a winding, beautiful road, about 30 km northwest from the town of Corfu, lies the beautiful resort of Agios Georgios Pagon. Set in a beautiful valley, this resort leads up to the perfect beach which is ideal for families as it provides fun for children and a peaceful relaxing day for adults. The endless beach is awarded with the Blue Flag for its crystal clear waters and fantastic environment. The beach is a mix of soft sand and large shiny pebbles. Beautiful cypress trees that grow along the bay give a natural feeling comfort and tranquility. There are many sunbeds with umbrellas where you can relax in their shadow after swim. Agios Georgios beach is a natural oasis. The surrounding cliffs and historic villages are ideal destinations for hiking.

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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