Sale, Commercial, Hotel

KARPATHOS - PERIOCHI CHORAS

Property Code: 466871

Rooms 42
Bathrooms 48
Floor 4 (4th)
Parking 6
Area 1602 m2
Construction 1990

3500000

or by acquiring a mortgage €/ΜONTH

2184.7690387016 € / m2

Modify Date: 03/02/26

Description

Sale of a Unique Hotel Property in Pigadia, Karpathos, in an Excellent Location Near the Airport, the Port, and the Archaeological Museum of Karpathos (An Ideal Investment Opportunity in the Greek Tourism Sector) Discover a rare investment opportunity on the enchanting island of Karpathos, in a prime location just 50 meters from the beach and 800 meters from the center of Pigadia. This hotel property harmoniously combines luxury, tradition, and authentic island hospitality, offering a complete and highly attractive tourism product. The hotel is situated on a 1,602 sq.m. plot, within the city plan of the Municipality of Karpathos, providing immediate access to beaches, shops, restaurants, and cultural points of interest. Its close proximity to both the port and the airport ensures easy and fast transportation, making the property ideal for international tourism. The property benefits from a remaining building allowance of 1,200 sq.m., offering significant potential for further development, such as the addition of new luxury suites or the creation of wellness and conference facilities. The hotel comprises 42 fully equipped rooms, including 9 corner suites and 33 double rooms. All rooms are spacious, tastefully decorated, and offer views of either the sea or the island’s mountainous landscape, creating an atmosphere of tranquility and relaxation. Amenities include high-speed Wi-Fi, 32’’ satellite TV, air conditioning, kettle, refrigerator, room service, safety deposit box, private balconies, and free parking. Shared facilities include a large swimming pool and a children’s pool, an indoor bar and an outdoor snack bar, as well as a specially designed dining area with seating capacity for up to 60 guests, suitable for events, conferences, or weddings. The property’s décor follows the traditional Karpathian style, using wood and natural materials, offering a warm, elegant, and welcoming atmosphere. Karpathos is one of Greece’s most authentic and emerging tourist destinations, with steadily increasing demand for high-quality accommodation. The hotel operates year-round, providing stable returns, while the development potential further enhances its investment value. This is a complete and highly attractive investment opportunity, combining a strategic location, luxury facilities, and strong prospects for future growth.

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Property status : Good
Hotel Category : 2*
Percentage of Completeness : -0.01
Pool : Yes
Fire detection : Yes
Fire extinguishment : Yes
Type Power : Three phase
Restaurant : Yes
Services : Shared pool, Private pool, Pool bar, Garden
Spa : No
Years of Operation : 35
Input Height (cm) : 2.90
Equipment Value : 500000
Storehouse : Yes, Big, In the space
Storehouse (s.m.) : 100
Elevator : Yes
Gym : No
Floor : Tile
Area configuration : single space, Big halls, Many partitions, Many columns
Double glazing : Yes
Rooms : Double, Suites, Single
Equipment : Chimney, Ventilation, Cooling - Heating, Structured wiring, Suspended ceilings, Fire safety system, Alarm system
Equipment : Air condition, Phone, TV, Fridge, Baby swing, Bar
Daily Price : 80
Input Width (cm) : 4
Loading and unloading ramps : 1
Alarm : Yes
Beneficial Height : 2.9
Heating : Individual, Petrol, Air condition, Central air-condition system
Natural Gas : No
Floor Strength kg/m2 : 1500
Previous use : Commercial
Lawn : Yes
Access : Good
Facilities : Pool
Security building : No
Use Area : Tourism
Roof Garden : No
Label Capability : Yes
Lawn : 500
Parking Type : Open
Position : Corner, Double frontage, Facade, Interior, Low population density
Elevators : 2
Energy Class : D
Shared bills : 0
Plans - Contracts : Conventional, Layouts, Regulation, Site plan, Permission, Valid operating license
Ability to Change Use : In shopping center
Intangible Value : 0.01
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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