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

Hotel for sale in Kavos, Kerkira, Greece, 400 m² - photo 1
Hotel for sale in Kavos, Kerkira, Greece, 400 m² - photo 2
Hotel for sale in Kavos, Kerkira, Greece, 400 m² - photo 3
Hotel for sale in Kavos, Kerkira, Greece, 400 m² - photo 4
Hotel for sale in Kavos, Kerkira, Greece, 400 m² - photo 5
Hotel for sale in Kavos, Kerkira, Greece, 400 m² - photo 6
Hotel for sale in Kavos, Kerkira, Greece, 400 m² - photo 7
Hotel for sale in Kavos, Kerkira, Greece, 400 m² - photo 8
Hotel for sale in Kavos, Kerkira, Greece, 400 m² - photo 9
Hotel for sale in Kavos, Kerkira, Greece, 400 m² - photo 10
Price€850,000
TypeHotel
Covered area400 m²
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Environment

Description

For sale hotel of 400 sq.meters on the island of Corfu. The hotel has 0 levels. For sale is a 400 sq.m complex which is located in the south of Corfu in the center of the large summer resort of Kavos. The village stands out for its intense nightlife with a huge variety of clubs and bars. That is why it is incredibly popular among British youth. It consists of: - 2-storey bar 80 sq.m on the main road - 16 studios with a total area of ​​320 sq.m The local tourist infrastructure of Kavos is well developed and presented in the form of excellent sandy beaches with clear sea water, night clubs and discos with a large number of entertainment programs, as well as water sports centers. Kavos beaches with a gentle entrance is one of the main attractions of this part of the island. The long strip of the beach stretched for several kilometers.

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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