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Overseas Property Investment Blog

Boutique-style 27 Bed Hotel for Sale in Karpathos – ID: 6825077

Boutique-style 27 Bed Hotel for Sale in Karpathos – ID: 6825077

Key Information

Property ID: 6825077
Location: Karpathos, Dodekanisos, South Aegean, Greece
Property Type: FSBO Property, Commercial, Hotel
Price: EUR 769,949

Property Gallery and Description

Price Reduction for serious immediate sale- fully booked and open mid May

 SERIOUS SELLER. OPEN TO NEGOTIATIONS 

This fantastic Hotel opened in 1999 and has enjoyed a 90% occupancy ever since with a faithful clientele from Italy, Austria & the UK. It is in excellent condition, and would easily upgrade from a 27 bed ‘C' class hotel to 12 de luxe studios, or even flats. There is plenty of room in the 4,200 sq metres property to add swimming pool, jaccuzi and tennis court, even a gym in the basement.

 

Karpathos lies between Crete & Rhodes and is easily accessible due to a large international Airport. It boasts some of the best beaches in Greece and combines stunning natural beauty with both simple and up to date 5 star comfort. Tourism is on a steady increase here.

 

The hotel is set amongst olives, fruit trees and mature plants but raised up to enable sea views from both floors. The building is 800 sq metres with an extra 250+  in the basement .Adding a restaurant would also be an option as there is a large kitchen with easy access to the floor below and a large balcony to dine in. The reception area is spacious with a separate manager's office.

 

Karpathos is rather like a European - Carribean destination ( with low humidity and a great climate)  and has a regular and growing clientele. Flights come direct from Sweden, Norway, Italy, Holland, Austria, Germany with more planned (& from the UK ) soon. There is a daily connection between Rhodes, Crete  and Athens and several ferries. It has a fantastic climate. Windy ( it is famous for its windsurfing  near the airport) but a sea of unparalled beauty, colour and cleanliness.  Fiercely traditional, it offers a glimpse of time gone by in Olymbos the most northern of the mountain villages and plenty of opportunity to discover all the traditions of dance, music, food and folklore.  The main port of Pigadia is in the same shaped bay as Ammoopi and is being steadily developed . It has a new yacht marina and a large choice of restaurants and shops. Once described as ‘between heaven & earth' by the head of the Greek Orthodox Church in UK, Karpathos is definitely the ‘jewel of  the Dodecanese'.

LOOKING TO PURCHASE A PROPERTY IN GREECE. WE ARE ALSO SELLING OUR BEAUTIFUL VILLA, AS A COMBINED BARGAIN- http://www.themovechannel.com/property/details/6936109/

Property Categories:

Karpathos, Dodekanisos, South Aegean, Greece

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