Home > Project Experience > Investment Advisory

Sithonia 3 Star Hotel Sale Investment Advisory

Navigator is advising on the sale of a 3*, 80-room hotel in Sithonia, Greece with an asking price of € 6.25 milion.

 

A Navigator client is selling a 3*, 80-room beachfront hotel is for sale in Sithonia, Greece. The hotel is built on a land-plot of 18,000 square meters with olive trees and gardens. The total built area comprises 9 buildings with 2,700 square meters.

Asking price: € 6.25 million.

The hotel is operational from May – October with an occupancy rate of 72%. Guests are from Greece, Europe and Russia. There are signed tour operator contracts.

The hotel has an additional, unused building coefficient of 1000 square meters, or 40 rooms / 100 beds. The hotel can be upgraded to 4* with additional investment.

Hotel infrastructure includes:

  • 50 double rooms and 30 studios: 80 rooms in total

  • Main swimming pool and children’s swimming pool (350 square meters)

  • Restaurant and reception area

  • Extensive gardens

  • Sandy beach

  • Parking

  • Tennis court (needs resurfacing)

We strongly recommend a complete due diligence be implemented (legal, environmental, commercial). For further information, please contact Philip Ammerman at info {at} navigator-consulting.com.

 

The Sithonia Hotel is built along a sandy beach

Sithonia 3* Seafront Greek Hotel for Sale

 

The Sithonia Hotel is built in an estate of 18,000 square meters which has been planted with olive and pine trees

Sithonia 3 star 80 room hotel for sale

 

The Hotel Pool has an area of 350 square meters and features a separate childrens' pool

Sithonia Hotel for Sale Greece

 

The hotel features pool and sea views

Sithonia 3 Star Hotel for Sale in Greece

 

A veranda overlooks the swimming pool and sea

Sithonia 3 star hotel for sale in Greece

 

The Sithonia Hotel has 80 rooms, including 50 doubles and 30 studios

Sithonia Greece Hotel for Sale