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35 bed hotel for sale in Kallithea, Pieria, Greece, 1100 m²

35 bed hotel for sale in Kallithea, Pieria, Greece, 1100 m² - photo 1
35 bed hotel for sale in Kallithea, Pieria, Greece, 1100 m² - photo 2
35 bed hotel for sale in Kallithea, Pieria, Greece, 1100 m² - photo 3
35 bed hotel for sale in Kallithea, Pieria, Greece, 1100 m² - photo 4
35 bed hotel for sale in Kallithea, Pieria, Greece, 1100 m² - photo 5
35 bed hotel for sale in Kallithea, Pieria, Greece, 1100 m² - photo 6
35 bed hotel for sale in Kallithea, Pieria, Greece, 1100 m² - photo 7
Price€750,000
TypeHotel
Covered area1100 m²
Land area550 m²
Beds35
Rooms36
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Environment

Description

Hotel for sale in the resort of the Olympic Riviera. The two-storey hotel has total area of 1100sq.m. The size of the plot is 550 square meters. The property is occupied with 36 studio rooms. At a distance of 250 meters is located organized sandy beach, there are many restaurants, caffe shops, stores, beach bars and night clubs. The hotel needs renovation. 1100 м²

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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