Turnkey Hospitality Complex With Strong Income In Sidari Price On Request
29 Beds
29 Baths
13,994 Sqft
32,292 Sqft lot
Updated: April 2
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About the Property
Flexible payment plan available. The seller is open to payment plan proposals. Plan: 20% paid upfront Remaining balance payable over 20–25 years
Located in the lively coastal area of Sidari, this well kept hospitality property spans a generous 3,000m² plot with 1,300m² of built space. Originally constructed in 2003 and updated in 2013, it includes four separate buildings designed for effi
Flexible payment plan available. The seller is open to payment plan proposals. Plan: 20% paid upfront Remaining balance payable over 20–25 years
Located in the lively coastal area of Sidari, this well kept hospitality property spans a generous 3,000m² plot with 1,300m² of built space. Originally constructed in 2003 and updated in 2013, it includes four separate buildings designed for efficiency and guest comfort. The complex houses a total of 29 guest rooms, divided into three size categories, 8 rooms at 48m², 10 rooms at 32m², and 11 rooms at 26m², making it ideal for accommodating both couples and families.
The property offers a wide range of on-site facilities that enhance the overall guest experience. A large swimming pool, private tennis court, and ample parking provide plenty of outdoor leisure and convenience. Inside, you’ll find a well-equipped bar, a functional kitchen, and a dedicated reception area, all supported by utility spaces and service areas to keep operations running smoothly.
This is a fully operational business with solid income streams. The net income from room rentals reaches approximately €185,000 annually, while the bar generates around €37,000. Operating expenses are kept relatively low at €26,000, thanks in part to a small, effective team of four staff members. The business shows healthy margins and stable returns, ideal for someone seeking a ready to run investment.
Key Features Plot size: 3,000m² | Built area: 1,300m²
4 separate buildings with 29 guest rooms
Room breakdown: 8×48m², 10×32m², 11×26m²
Large pool, tennis court, and private parking
Bar, kitchen, reception, and utility rooms
Annual net income: €222,000 | Expenses: €26,000
Fully staffed with 4 employees
Asking price: €1.3 million
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