Hotel for For Sale in Thessaloniki/suburbs,Gr
Hotel for sale, the total area of buildings and structures is 2200 sq.m. The complex includes two buildings for receiving guests, the total number of rooms is 56, with possibility to increase them. All rooms are furnished and equipped with necessary appliances. The large territory of the hotel allows the placement of additional premises, such as bars or open-air terraces, cafes and restaurants. Minimal investment will significantly improve the cash flow and, as a result, the profitability of the hotel. The attractive location of the property, in close proximity to the beach, will ensure stable income with fairly good payback periods, up to 9 years, and an ROI with a rate of 13%. A business plan has been prepared for this property with detailed calculations of the revenue and expenditure part (available on request).