Villas for sale in Saint Nicolas - Elounda - Plaka, Crete - Greece

Hotel for sale in the centre of Elounda.
On the busy main road of Elounda town.
150 metres away from the picturesque fishing harbour.
Rooms have views of the always calm Mirabello (Elounda) Bay.

The plot is 525 sq.m. and the total building is 420 sq.m.
The building consists of a reception - bar area and 20 double rooms.
Year of construction: 1981
State: In need of medium renovation.

The photographs shown are from 1986
when the hotel was active,as well as
current photos.

If renovated as a five star hotel will be eligible for funding by the E.U. (40% of total cost including the purchase of the property.) It can also be renovated as a 100 sq.m shop on the front of the property and 10 studio apartments.

Price: € 800.000 (Real estate agent's commission 2% of sale price.)
Property of R&B development S.A. real estate development.

Information : info@hatzidakis.net