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Sale, Commercial, Hotel

SIROS - Kini

Property Code: 167828

Rooms 7
Bathrooms 7
Floor 0 (Ground Floor)
Area 191 m2
Construction 1990

660000

or by acquiring a mortgage €/ΜONTH

3455.497382199 € / m2

Modify Date: 29/11/24

Description

An excellent investment opportunity in the aristocratic island of Syros, the capital and administrative center of Cyclades: complex of seven fully equipped studios, currently operating, licensed by the Tourism Organization. The price includes the property and the business, as the license will be transferred to the new owner. Superb location, literally a few steps from the beach. There is potential for further growth e.g. beach canteen/bar, umbrellas and sunbeds rentals on the beach.

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Years of Operation : 28
Input Height (cm) : 200
Floor Strength kg/m2 : 500
Elevator : No
Floor : Tile
Area configuration : Many partitions
Rooms : Double, Triple, Quadruple
Equipment : Other
Equipment : Air condition, TV, Fridge
Heating : Air condition
Property status : Renovated
Hotel Category : 2*
Alarm : Yes
Restaurant : No
Services : Garden
Natural Gas : No
Beneficial Height : 300
Label Capability : Yes
Position : Double frontage
Access : Immediate
Parking Type : Open
Security building : No
Use Area : Tourism
Type of Construction : Conventional
Plans - Contracts : Conventional, Permission, Valid operating license

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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