Sale, Commercial, Hotel

KARPATHOS - OLIMPOU

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: 10/03/25

Description

Sale of a Unique Hotel Property in Karapathos (Ideal Investment in Greece’s Tourism Sector) Discover a unique investment opportunity on the enchanting island of Karapathos, in a prime location just 50 meters from the stunning beach and 800 meters from the town center. This hotel offers a rare chance to acquire an exceptional tourist destination in one of Greece’s most up-and-coming areas. Combining luxury, tradition, and the authenticity of the Greek island, it creates the perfect backdrop for a one-of-a-kind stay. Strategic Location & High Growth Potential The hotel is located on a 1,602 m² plot within the town plan of Karapathos Municipality. Thanks to its excellent location, guests enjoy easy access to the island’s sandy beaches, as well as local shops, restaurants, and cultural activities. The island is famous for its rich history and traditions, which are evident in every corner. The property is well connected to the port and the airport, ensuring quick and easy access to key locations on the island and other parts of the Dodecanese, making the hotel ideal for hosting international visitors. The property also offers an additional building allowance of 1,200 m², providing unique development opportunities. Whether you wish to add new luxurious suites or create outstanding conference tourism infrastructure, the property offers flexible options to utilize the available space. Luxury Rooms & Services The hotel features 42 fully equipped rooms, including 9 corner suites and the remaining 33 double rooms. Each room is spacious and offers a unique view of the vast blue sea or the imposing mountain range of the island, creating an atmosphere of tranquility and relaxation. The rooms are decorated with refined materials and equipped with the latest technology to ensure an exceptional stay for all guests. The rooms are equipped with luxurious modern amenities, including: • High-speed Wi-Fi, a 32" TV with satellite connection, and air conditioning for ultimate comfort year-round. • A kettle, fridge, and room service to promptly meet the guests' needs, ensuring convenience and comfort. • Balconies with sea or mountain views, allowing guests to enjoy the sunrise or sunset from the comfort of their room. • Free parking and a safe for secure storage of personal items, as well as high-level cleaning and maintenance services. Exceptional Common Areas The property offers a wide variety of common areas and luxury facilities to ensure complete guest satisfaction: • A large pool and children’s pool, perfect for endless hours of relaxation and entertainment for families and couples. • A luxurious indoor bar and an outdoor snack bar, where guests can enjoy exquisite drinks and light meals in an excellent setting. • A specially designed dining area, ideal for hosting events, conferences, or weddings, with a seating capacity for up to 60 people. • The hotel's décor follows the traditional Karapathian style, with wood and natural materials, offering a warm, welcoming, and refined atmosphere that blends tradition with modernity. An Ideal Investment Opportunity Karapathos, known for its authenticity and natural beauty, is one of Greece’s most sought-after tourist destinations. The continuous development of the tourism sector makes the island an ideal location for future investments. The hotel, which operates year-round, caters to guests seeking luxurious accommodations and offers high returns, with increasing demand for tourist lodgings. The property has expansion potential, with the additional 1,200 m² building allowance, offering the investor full flexibility to capitalize on market opportunities, whether by adding new rooms or creating even more luxurious amenities, such as a spa, jacuzzi, or spacious event areas. Karapathos: The Ultimate Tourist Destination Karapathos is one of the most distinguished and progressive tourist destinations in Greece. Known for its beautiful beaches and countless opportunities for water sports, it is ideal for tourists seeking authentic Greek hospitality while still maintaining its traditional identity. The island is particularly popular among travelers looking for peaceful, high-quality vacations, away from the crowds of more tourist-heavy areas. The high demand for accommodation, combined with Karapathos’ natural beauty and cultural heritage, makes this property a reliable and profitable investment for the investor looking to capitalize on the growing tourism of the island. Conclusion This hotel property in Karapathos presents a unique investment opportunity, combining an excellent location, luxurious facilities, and future development potential. With increasing tourism demand and exceptional infrastructure, Karapathos offers the perfect environment for the development of high-end tourism businesses. For more information and to arrange a personal visit, please contact us.

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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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