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7 Bed Hotel for sale

Kassiopi, Corfu, Ionian islands, Greece

£539,553 *  [€650,000]

7 Bed Hotel for sale

Kassiopi, Corfu, Ionian islands, Greece

£539,553 *  [€650,000]

Property Details


  • Bedrooms: 7
  • Bathrooms: 7
  • Plot size: 515 m2
  • Habitable space: 521 m2

Features


  • Land size - 515 m2
  • 5 x 1 bedroom apartments
  • Large communal area
  • In the centre of a bustling town
  • Easy walk to the beach

Full Description


Poseidon Hotel is ideally situated in the centre of Kassiopi, close to all restaurants, bars and the harbourside of this popular town.

The hotel has 7 self contained apartments - 2 on the ground floor and 5 on the first floor. Each apartment has a twin or double room, shower room and kitchen/living area with sofa beds. The living areas exit onto a private balcony. Air conditioning and ceiling fans have been installed in each room.

The ground floor has a popular bar which provides additional income.

The property was built in the 1980's and underwent an extensive refurbishment in 2014. This included new aluminium shutters, new railings, solar water heaters, air conditioning and furniture.

The large basement area is currently mainly used as storage but could be converted into a gym, TV/games room or owners accomodation. There is a courtyard at the back of the hotel which is currently used by the bar for outside seating.

The hotel is well maintained by its current owners and is a popular choice for visitors to Kassiopi. There is further scope for improvement which would increase the revenue.
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