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Greece > Ionian Islands > Nomos Kefallinias > Dimos Kefalonia > Kastron

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€1,650,000

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Kastron
Greece

Hotel In A Prime Location In Kefalonia For Sale.

32 room hotel with pool, detached villa and 3 buildable plots of land close to Argostoli

The hotel is located just 10 minutes from Argostoli and the airport on the main road to Poros and
Skala, and not only comes with a pedigree for offering quality accommodation, but has massive
potential for future commercial development.

The total area of 3200 sq meters is divided into four individual, useable plots and is split as follows.

1. The main building is a two star EOT licensed, 32 room fully functional hotel of 950 sq meters,
with reception area, bar, breakfast room/entertaining area. There is ample parking on the 1411 sq
meter plot. Construction of the hotel commenced in 1984 with the first two floors and third floor
was added in 1989. Two further extensions were completed in 2000.

2. At the front of the hotel is a plot of land facing the road measuring 605 sq meters that comes with
a current building permit for a single storey building measuring 170 sq meters that could be used a
single commercial enterprise or divided into three separate shops.

3. The large lawned swimming pool area has a swimming pool measuring
17.5 X 7.5 sq meters with hydro massage, and a separate children’s pool. The surrounding gardens
are well maintained and are ideal for family picnics.

4. This is a plot measuring 825 sq meters that has a three bedroom villa currently used as the hotel
owners private residence. The two storey villa consists of a ground floor measuring 96.46 sq
meters that has a lounge, dining room, well appointed kitchen, a double bedroom and a bathroom.
The first floor measuring 50.65 sq meters has two double bedrooms and a family bathroom. The
property has the benefit of central heating and air conditioning. The villa was built in 2000 and has
its own independent entrance and well maintained gardens.

5. To the rear of the hotel is a plot of land measuring 805 sq meters that could be utilized to provide
more accommodation with studios or gym facilities.

The location of the hotel complex is in an area of natural historical importance and faces the castle
of St. George. The airport is just 10 minutes drive and the capital Argostoli is 10 minutes away.
Close to the hotel is a pharmacy, mini market,restaurants and supermarkets.

This really is a golden opportunity to acquire an up and running business at a time when the island
is thriving with tourism and where good quality accommodation is sometimes in short supply. The
complex could be utilized for a number of businesses such as a boutique hotel, medical centre,
residential home, fitness center etc. The opportunities are literally endless.

The hotel and private residence are in immaculate condition, and any purchaser could move
straight in and carry on the business from day one.

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