Sale, Commercial, Hotel

SITIA - KATO ZAKROS

Property Code: 367602

Bathrooms 15
Floor 0 (Ground Floor)
Parking 20
Area 507 m2
Construction 2002

2000000

or by acquiring a mortgage €/ΜONTH

3944.7731755424 € / m2

Modify Date: 06/05/26

Description

For sale: a hotel complex in Kato Zakros, set in a unique natural environment, with a total built area of 507 sq.m. on a 6,750 sq.m. plot featuring a beautifully landscaped garden. The garden includes a vineyard, many types of fruit trees, ornamental plants, and a wide variety of flowers, creating a peaceful and naturally stunning setting. The apartments are arranged in two blocks over two levels, with ground-level access. They feature very large private terraces with panoramic views over the entire area, offering privacy and a unique accommodation experience. The rooftops are equipped with solar water heaters ensuring continuous hot water supply, as well as photovoltaic systems that fully cover and even exceed the energy needs of the property. All apartments include private parking spaces, with additional available land for creating more parking if needed. The property is located just 400 meters from the beach and local tavernas, while the town of Sitia, with an airport and port, is approximately 55 minutes away by car. An excellent tourism investment opportunity in one of the most authentic and naturally beautiful destinations in Crete.

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Spa : No
Years of Operation : 20
Storehouse : Yes
Elevator : No
Gym : No
Floor : Tile
Double glazing : Yes
Rooms : Double, Triple
Equipment : Cooling - Heating
Equipment : Air condition, TV, Fridge
Heating : Air condition
Pool : No
Loading and unloading ramps : 1
Alarm : Preinstallation
Services : Garden
Hotel Category : 3*
Daily Price : 50
Percentage of Completeness : 90
Type Power : Three phase
Restaurant : Yes
Roof Garden : No
Position : Facade, Low population density
Lawn : Yes
Access : Good
Facilities : Restaurant
Use Area : Residential, Tourism
Parking Type : Open
Ability to Change Use : In nursing home
Type of Construction : Conventional
Elevators : -0.01
Energy Class : C

Loan Calculation

Loan Amount *Minimum loan amount 10.000€ Floating Interest Rate: Euribor 3M (indicatively 2%) + spread (from 1.75%) + contribution L.128/75 (0.12%) Fixed Interest Rate: from 2.8% + contribution L.128/75 (0.12%)
Loan Interest
Loan Repayment Period

Example: Loan of €100,000, total duration 30 years. For the first three years, final interest rate 2.92% and for the remaining 27 years, final interest rate 4%. Indicative installment for the first three years ~€420 and for the remaining 27 years ~€500

Indicative Installment Amount

Interest Amount:
*The final interest rate is determined based on the mortgage loan program (floating, hybrid, fixed) and the borrower's profile.

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