Sale, Commercial, Hotel

EGINA - AGIA MARINA

Property Code: 493105

Rooms 57
Bathrooms 57
Floor 0 (Ground Floor)
Parking 1
Area 2086 m2
Construction 1990

3600000

or by acquiring a mortgage €/ΜONTH

1725.790987536 € / m2

Modify Date: 01/10/25

Description

For sale a former 57 room hotel in Agia Marina Aegina located just 100 meters from the sandy beach and the port in one of the island’s most popular and established tourist areas The property consists of a 2444 sqm building on a 2086 sqm plot The existing layout includes 57 guest rooms a spacious reception lobby and additional zones suitable for retail dining or leisure facilities The property has clean private ownership with no encumbrances Originally designed for large scale hospitality the building offers generous interiors abundant natural light and potential for sea views from multiple levels LOCATION: Within a few minutes walk guests have access to a blue flag beach the marina restaurants cafés and shops while Aegina town is just 20 minutes away The frequent ferry connections to Piraeus in under one hour make Agia Marina an attractive destination for both Greek and international visitors The property is eligible for EU renovation and development funding programs such as ESPA offering strong incentives for investors interested in repositioning it as a high value hospitality or wellness asset Development Scenarios: a) Luxury Wellness and Medical Retreat Suitable for conversion into a modern retreat with spa fitness facilities medical suites and holistic wellness programs. b) Boutique Hotel Revival Can be renovated into a boutique style hotel with an estimated seasonal ROI of over 9%. c) Sea view Apartments Ideal for conversion into luxury residences for sale or long term rental taking advantage of the strong demand for second homes in Aegina. d) Private Clinic or Senior Care Facility The serene environment clean air and proximity to Athens make it ideal for healthcare rehabilitation or senior living purposes. Comprehensive architectural concepts and feasibility studies are available to support all of the above scenarios giving investors a ready to implement development roadmap

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Spa : No
Years of Operation : 1
Storehouse : Yes
Elevator : Elevator capability
Gym : No
Floor : Tile, Marble
Rooms : Double, Triple, Quadruple, Single
Equipment : Other
Heating : Individual
Hotel Category : 3*
Pool : No
Fire detection : Yes
Roof Garden : Yes
Position : Double frontage
Access : Immediate, KTEL (Bus transport)
Lawn : Yes
Use Area : Tourism
Label Capability : Yes
Security building : No
Energy Class : F
Plans - Contracts : Conventional, Layouts

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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