Newly Established Hotel Investment Opportunity in Plakias, Greece
Established | 0-1 year(s) |
Employees | < 2 |
Legal Entity | Public Limited Company |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Hotels |
Locations | Plakias |
Local Time | 5:28 PM Europe / Athens |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Small luxury 4-star hotel catering to adults-only clientele located in the of South Crete.
- Prime location near the beach and other key facilities within the Plakias area.
- Anticipates a minimum of 20 luxury units with an expected occupancy rate of 100% for most of the season, spanning 210 days.
- Diverse sales channels including tour operators, online tour agents, global distribution systems, and direct online sales will be used to acquire clients.
- Forecasting substantial profits from the inaugural year of operations.
- Business backed by a team with extensive experience in managing hotels.
- The parent company is not part of the transaction. We have not applied for any licenses at the moment, we are awaiting the approval for the govt subsidy for the construction of the project. Post subsidy approval we will apply for the licenses for the new entity.
- The property has been acquired and will be transferred to the new entity in which the investor would get a share.
- Currently there is no construction on the land. It'll begin post-investment.
The estimated completion timeline for all processes is 1 year.
- Since the investment will be in the new entity the revenue figures of the parent company are not relevant.
Small luxury 4-star hotel.
Most customers will be tourists from Europe.
Assets include:
Land of 1,500 sq. meters.
Property belongs to the company and measures a total of 1,500 sq m and is located in central Plakias.
The land has been funded by the owner.
There are no outstanding loans.
Self funded operations.