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Listing ID: 13738 Last Refreshed: 07/05/2019 Total Views: 627

4* Private Beach Resort In Greece For Sale

West Greece - Patras

Asking Price: 4,500,000
  • Premise Type N/A Premise Size N/A
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue €200K - 500K Cash Flow €500K-1M
  • Gross Profit €200K - 500K Net Profit €100K - 200K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 1970
  • Owner Role Full Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
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Reason For Sale



This beautiful well known seaside hotel has 93 rooms and has been fully renovated, with the recent renovation (cost. 3.000.000€) ending in 2008.

It is a fully operational seasonal hotel, with annual turnover 1.200.000 € until recently. Strategically located in the suburbs of Patras, 9 minutes from the university hospital of Patras, in the picturesque village of Psathopyrgos surrounded by olive gardens. Near many archaeological sites (Delphi, Olympia, Kalavryta) 40 minutes from Araxos airport and 90 minutes from Athens and Athens airport by car or suburban rail.

The main 4-storey building 3.500 sq. m, has 93 rooms, all double and triples,a Spa, 2 Restaurants, Conference room, outdoor fresh water swimming pool, pool Bar, tennis court, volley ball court and a 50 sq. m. penthouse apartment overviewing the village, ideal for owner - manager.

The second building 130 sq. m. (owners house) has 3 bedrooms, open kitchen-dining-living room (70 sq. m.), large sunny veranda (50 sq. m.) and a large garden. This 2-storey building has 5 more rooms on the ground floor, ideal for live-in staff (50 sq. m. total).

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