| TRANSFER TAX | 3.09% | |
|---|---|---|
| OTHER FEES | |
|---|---|
| Land Registry Fees | 0.5% |
| Notary fees | 1.5% (+24% VAT) |
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Hotel for sale in Epano Elounta, Lasithi, Greece, 650 m²
Environment
Sale - Hotel 650 m² in Crete
For sale a hotel of 650 sq.m, built on a land plot of 1100 sq.m, it accommodates 9 rooms, 6 of them are maisonettes (kitchen with living room, and a shower WC) and 3 Studios (kitchen with living room, and a shower WC). All rooms feature air conditioner,and kitchen equippment. The ground floor consists of guest rooms, and a commercial property which functions as a mini-market. The hotel also accommodates a small tavern, fully equipped,and a parking. The hotel was built in the year of 1979 and worked successfully for many years, until the year 2014. At the moment the hotel closed.
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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%
- Covered area: 1000 m²
- Covered area: 830 m²
- Covered area: 840 m²
- Covered area: 990 m²
- 22 rooms
- Covered area: 400 m²
- Covered area: 535 m²
- 9 rooms
- Covered area: 1400 m²
- Covered area: 480 m²
- 13 rooms
- Covered area: 790 m²
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