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6 Bed Hotel for sale

Rethymnon, Rethymnon, Crete, Greece

£1,245,123 *  [€1,500,000]

6 Bed Hotel for sale

Rethymnon, Rethymnon, Crete, Greece

£1,245,123 *  [€1,500,000]

Property Details


  • Bedrooms: 6
  • Bathrooms: 6
  • Plot size: 305.75 m2
  • Habitable space: 353.56 m2

Features


  • Investment property
  • Successful bussines
  • Private pool
  • Historical building

Full Description


In the heart of the old town of Rethymno, there is a magnificent building of Venetian architecture – a hotel with decades of successful business. The property was completely renovated in 2019 in accordance with all archaeological guidelines, bearing in mind that the building is listed as a cultural monument. This luxury hotel is located in a quieter part of the old town, in the immediate vicinity of local restaurants, bars and shops.

A unique blend of historic and modern, along with a luxuriously equipped interior, a successfully built and functional business, a huge number of positive guest reviews makes this hotel a ready business project to undertake.

The hotel with a total area of 353.56 sq m built on a plot of 305,75 sq m consists of 3 luxuriously furnished villas on three levels. Each villa has two bedrooms, each with its own bathroom, living room, kitchen and private pool.

The villas on the ground level and on the first floor are 127.50 sq m each and have the same spatial arrangement. From the first floor there is a view of the medieval fortress and the symbol of Rethymno – Fortezza.

The villa on the second floor has an area of 98.56 sq m. and the view of Fortezza Castle. The main difference compared to the first two villas is in the access to the villa. The living room and kitchen, which are organised as an open plan, as well as one bedroom with a bathroom, are accessed separately from the second bedroom with its own bathroom, which is accessed from the back yard.

Villas can operate as separate facilities or jointly as an establishment. The building permit provides the possibility of opening a coffee shop within the property. The facility has been completely renovated twice (2007, 2019). Materials of exceptional quality and neutral colors were used in order to achieve the necessary comfort for the guests.

The hotel has successful cooperation with many tour operators as well as the most famous platforms. This business operates throughout the year. Rethymno is not only a famous tourist town but also an important student centre in Crete. One of the best Universities of Greece is located in Rethymno. Therefore, shops, restaurants, cafes are open during all 12 months.

The central city location of the property close to all important places of interest such as hospital, police, post office, supermarkets, restaurants, museums ensures constant interest of guests throughout the year.

Rethymno is a picturesque town with many alleys and colorful Venetian houses and Ottoman buildings that overlooks the Cretan Sea. Located in the central part of northern Crete, Rethymno is an ideal starting point for numerous excursions around the island. A beautiful sandy beach 12 km long, a unique promenade for long walks or jogging, museums, parks, festivals – all this makes Rethymno a unique choice for vacation, life and business
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This property listing (ref: SC 22-134) is an advertisement supplied by Splendid Crete and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8301 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.