Building suitable for a small hotel in a prime location in Agia Marina

OFFER ID: 4674

Details
Land area: 500 m2
Size: 450 m2
Bedrooms: 12
Bathrooms: 9
Year: 1980

Price550 000 €

Energy class: The EPC is under issuance

Facilities

  • Access from asphalt
  • Air-Conditioning
  • Balconies
  • Double glazing
  • Insect screens
  • Nearby ATM

Description

For sale a building with a total area of 450 m2 built on a plot of about 500 m2 in 1980 in Agia Marina. The building has two levels and consists of 8 studios of 40-60 m² (4 on each floor). Each has 1-2 bedrooms, a bathroom, a kitchen unit with a living area and a balcony. There is also a separate apartment on the ground floor and another extra room which could become a small taverna or a mini market.

The property is currently not operating properly and the studios are long term leased. You can make a lot of improvements to the property in order to have a significant annual income.

The property is located about 15 minutes’ drive west of Chania, at an area of high tourist interest. Just 300 meters away there is a long sandy beach of the region, which has all the facilities and attracts a lot of tourists during the summer months. Within a short walk there are many restaurants, shops, cafes, banks, bus stops and services.

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