Sale, Commercial, Hotel

IRAKLIO KRITIS - KSIROPOTAMOS

Property Code: 434324

Rooms 65
Bathrooms 65
Floor 0 (Ground Floor)
Parking 10
Area 1639 m2
Construction 1973

3250000

or by acquiring a mortgage €/ΜONTH

1982.9164124466 € / m2

Modify Date: 27/11/25

Description

Exceptional Investment Opportunity: 110-Bed Hotel in Ammoudara, Heraklion! For sale: a unique hotel complex in a privileged location in Ammoudara, Heraklion, just a 4-minute walk from the beautiful beach. This property is the ideal foundation for a large and profitable tourism investment, offering immense development potential after renovation. Key Property Features: * Total Building Area: 1,639 sq.m. (17,642 sq. ft.) * Land Plot: 8,930 sq.m. – A vast area with potential for creating stunning outdoor spaces. * Total Capacity: 110 Beds * Configuration: The complex consists of three (3) buildings and a Bar. * Building A (1,121 sq.m., 1973): 31 double rooms (62 beds). * Building B (434 sq.m., 1988): 20 double rooms (40 beds). * 4 Bungalows (Total 80 sq.m., 1995): 4 double rooms (8 beds). * Pool: A large 150 sq.m. pool that previously operated with seawater – A touch of luxury and differentiation! * Location: Excellent – Close to the sea, in a developing tourist area. The Investment Vision: The property requires a total renovation, offering the new owner the opportunity to create a modern, luxurious, or themed hotel of high standards from scratch, fully leveraging its prime location. Don't Forget: * Additional Building Rights Prospect! Increased building coefficient is expected with the inclusion of the area in the town plan, boosting your investment's value and capacity! This is a rare opportunity to acquire a property with enormous potential at the heart of Cretan hospitality. Call us today to learn more and schedule a viewing!

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Years of Operation : 33
Elevator : Yes
Rooms : Double
Start of Hire : 0
Heating : Air condition
Hotel Category : 2*
Remaining Duration : 0
Rental Performance : 0
Pool : Yes
Input Width (cm) : 150
Lawn : Yes
Lawn : 2000
Access : Good
Facilities : Restaurant, Elevator, Pool
Elevators : 1
Type of Construction : Conventional

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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