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Properties » Hotels » PELOPONNESE, KARDAMYLI, DEVELOPMENT OF A 4* HOTEL WITH APPROVED SUBSIDY - (Α)

PELOPONNESE, KARDAMYLI, DEVELOPMENT OF A 4* HOTEL WITH APPROVED SUBSIDY - (Α)

Interest form

99835ef7bc785960043ae24a7ae4c0cb2c1c4faf

Property description

In a plot of 6,290 sq.m. with four operating furnished tourist apartments, the following investment is proposed: Development of a 4* Hotel with furnished apartments of 1,400 sq.m. total area, consisting of 27 two-bed and three-bed  apartments (beds in total: 57), central exterior pool, 8 private pools of 12 sq.m. each, reception and underground parking. The already operating 4 apartments are included in the above investment with a few conversions in their interior.

The investment in question is under the Greek Development Law 3299/2004 (FEK 2050/31-12-2010 decision 7), with approved cost estimate of 2,173,137.31 € and approved subsidy of 1,303,332.39 € (60% of the total investment!).

The plot is at 1.200 m. from Kardamyli (one of the most famous touristic resorts in the Peloponnese) and has an outstanding view to the sea.

Location: Peloponnese
Price: €2,700,000

Property specifications

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