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| Business | For Sale | 6.600 m2 | € 1.550.000 |
| Price: | € 1.550.000 | |
| Size (m2): | 6.600 | |
| Price/m2: | € 235/m2 | |
| Status: | For Sale | |
| Type: | Commercial | |
| Sub Type: | Business | |
| Reference #: | DDK175 | |
| Agent's Code: | KosHotel-1 | |
| Date Posted: | 07/22/2011 | |
| View: | Sea | |
| Garage: | Parking Spot | |
| Year Built: | 1983 | |
| City/Town: | Kos | |
| Municipality: | Kos | |
| Prefecture: | Dodekanisa | |
| Region: | Dodekanisa | |
| Country: | Greece | |
| Balcony/Veranda |
| Swimming Pool |
OWNER MUST SELL!! LOW DOWN OWNER FINANCING at GOOD TERMS!!!!! 59 room, 120 bed hotel. Owner Financing with 30% down and interest free payments. Needs upgrading. Beachfront location. 1,890m2 building Distress Sale – Kos Island Hotel with 59 rooms, 120 beds, built in 1983. Beachfront location 10 meters from beach on 6,600 sq. m. land plot. Swimming Pool Reception area, Lobby, Kitchen, Laundry facilities Bus route to city, stops in front of hotel. Room to expand and build more rooms. Potential for site to be inducted into the City Plan, increasing building coefficient Hotel not operating since 2006 due to owner retirement. Panoramic unobstructed sea views. Sale price includes the EOT hotel license and the A.E. (S.A.) Company. Approved for government grant funds to upgrade to 5-star hotel.
About: Dodekanisa, GreeceThe Dodekanisa (Δωδεκάνησα, Dodecanese, Dodekánisa) are a group of 12 larger islands plus 150 smaller islands in the Aegean Sea. They are situated off the southwest coast of Turkey, southward of the island of Samos and northeastward of the island of Crete. The most historically important and well-known is Rhodes (Rodos), which for millennia has been the island from which the region is controlled. Of the others, Kos and Patmos are historically more important; the remaining nine are Astipalea, Kalimnos, Karpathos, Kasos, Leros, Nisyros, Symi, Tilos and Kastelorizo (which actually lies in the eastern Mediterranean). |