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14 bed hotel for sale in Agios Nikolaos, Lasithi, Greece, 590 m²

14 bed hotel for sale in Agios Nikolaos, Lasithi, Greece, 590 m² - photo 1
14 bed hotel for sale in Agios Nikolaos, Lasithi, Greece, 590 m² - photo 2
14 bed hotel for sale in Agios Nikolaos, Lasithi, Greece, 590 m² - photo 3
Price€750,000
TypeHotel
Year built1980
Covered area590 m²
Land area690 m²
Beds14
Rooms15
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Environment

Description

Hotel for sale in Agios Nikolaos.The hotel is 150 meters from Agios Nikolaos Marina, 200 meters from the city center and 60 km from Heraklion Airport.Around the hotel there are many restaurants and various cafesThe hotel consists of 15 rooms.On the ground floor there is a reception, a bar and 4 toilets.On the mezzanine floor there is a breakfast room, a kitchen and a room for people with disabilities.On the 1st floor there are 3 single rooms and 1 double room.On the 2nd floor there are 1 Apartment with 3 bedrooms and 1 Duplex.On the 3rd floor there are another 4 single rooms.The Hotel needs a renovation, it can be put into an EOT program.

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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