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Hotel on Euboea Island

Hotel is situated on the sea coast of Euboea gulf in 107 km distance from Athens and 1 hour time distance from the airport "Venizelos". This is the biggest hotel complex on Euboea Island.

The Property is comprised by 2 plots of lands -

Plot of land №1 by the sea   86.000 sq.m

Constructed area is 15,730 m², built over 6,956 m² of ground

A main building, 11 separate bungalow buildings, conference rooms, sports facilities, swimming pool, assembly rooms, restaurants and bars including entertainment a beach and space for parking

The overall grounds cover an area of 86,052 square meters

Plot of land № 2 behind plot № 1

A central building contained by two large neighborhoods of rooms, with a multi functional  convention center, a swimming pool, meeting and conference rooms, restaurants and bars.

The overall grounds cover an area of 51,725 square meters. Constructed area is 12,960 m² built over 8,463 m² of ground.

Extra land for development (220.00 sq.m.)

Around the above plots of land on the left and right side there are also available the followings for a total of 220.000 sq.m

A.     40.000sq.m. with front on sea side road
B.     15.000 sq.m. with front on the sea side road 
C.     80.000 sq.m. with front on the sea side road 
E.     75.000sq.m. with small buildings and license for retirement/ rehabilitation center on the back of plot A.

The Unification of the above will create a property of a total 357.725 sq.m   (86.000+51.725+220.00) 

Potential construction for tourism development in sq.m. 71.000

Already constructed   (15.730+12.960)=28.690

Remaining to be constructed 42.300

Basic on present law one can develop Hotel property and 35% of its constructed area to be sold as housing

For housing construction is allowed 220sqm of building per 4.000sqm of land

Asking price:

50.000.000 Euros for existing resort

Extra land 220.000 sq.m. to be discussed due the volume of the investment ownership is willing to negotiate as well as to participate as minor shareholder into a viable project.

They are open to various types of collaborations.

Average commercial price of 1000 sq.m. ground plot is 100.000 Euro in the first sea side and 40.000 Euro for plots without sea access.

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