For Sale - Hotel 3000 m² in Thessaloniki
Price on request
Location
Greece
Ελλάδα
Ελλάδα
Thessaloniki - Municipality (Thessaloniki)
Θεσσαλονίκη - Δήμος (Θεσσαλονίκη)
Θεσσαλονίκη - Δήμος (Θεσσαλονίκη)
Details
Code
28649
28649
Region
Thessaloniki
Thessaloniki
Type
Hotel
Hotel
Category
For Sale
For Sale
Sq. Meters
3000 m²
3000 m²
Year of construction
1918
1918
Year of renovation
1998
1998
Distance from sea
500 m
500 m
Distance from airport
19 km
19 km
Heating Type
gas
gas
Description
There is for sale a five-story building in the center of Thessaloniki. Works on the preparation of the concept, architectural solutions and plan for reconstruction of this property as hotel are completed, the total number of rooms is 50. The location of the property and its potential will allow to achieve results in terms of profitability of 15%, return on investment up to 8 years. After the opening of metro lines in 2020, the indicators on payback periods and profitability will change dramatically in a positive way. Also, this factor will affect the capitalization of the property as a whole. Detailed business plan was worked out and is available on request.
The above information is based exclusively on information provided by the property owner to our company, which are subject to any typographical errors or price change by him.
PURSUANT TO LAW 4072/2012, IN ORDER TO VIEW THE PROPERTY, IT IS NECESSARY TO PROVIDE YOUR ID AND TAX NUMBER WHICH MUST ME INDICATED IN THE DEMONSTRATION AGREEMENT.
The indication on the map does not indicate the exact location of the property but the general area in which it is located. For any other information contact us.
