Golden Home Property Image
Golden Home Property Image
Golden Home Property Image

Sale, Commercial, Hotel

DIMI - NIFOREIKA

Property Code: 454152

Floor 0 (Ground Floor)
Area 2400 m2
Construction 1982

1100000

or by acquiring a mortgage €/ΜONTH

458.33333333333 € / m2

Modify Date: 26/04/25

Description

On the beach of Niforeika, Achaia, an out-of-service hotel with unique sea views and direct access to the beach is available for sale. Just a few kilometers from Patras, in a booming tourist area and 2.5 hours from Athens.The hotel is in need of renovation and has received approval to be included in the development law. An ideal choice for investors who want to make use of the new Golden Visa issuance regulation by converting a commercial space into residential.

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Spa : No
Years of Operation : 20
Storehouse : Yes
Storehouse (s.m.) : 100
Elevator : No
Gym : No
Floor : Tile
Double glazing : No
Rooms : Double, Triple, Quadruple, Suites
Equipment : Other
Heating : Without elevator heating
Hotel Category : 3*
Alarm : No
Type Power : Three phase
Restaurant : Yes
Services : Shared pool
Roof Garden : No
Label Capability : Yes
Position : Double frontage, Facade
Lawn : Yes
Access : Highway, Bus
Parking Type : Open
Facilities : Pool, Stadiums
Ability to Change Use : In nursing home
Type of Construction : Conventional
Energy Class : G
Plans - Contracts : Conventional, Layouts, Site plan

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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