Commercial property, 552m², Artemisio (Euboea), 580.000 €

Seafront First-Line Tourism Property 550 sq.m. in Pefki, Evia – Investment Opportunity with Multiple Income Streams ________________________________________ 🟦 MAIN DESCRIPTION Located in one of the most privileged first-line beachfront locations in Pefki, Evia, with direct access to the beach, a two-storey tourism property is offered for sale, with a total area of 552 sq.m., set on a 418 sq.m. plot, currently operating as a hotel unit. This is a high-potential investment asset combining a prime location, existing infrastructure, and significant upside through repositioning, making it an ideal foundation for the development of a modern hospitality concept. The current layout comprises 15 rooms (10 double and 5 triple), with a total capacity of 35 beds, offering the flexibility for redesign and upgrade either into a higher-category hotel or into serviced apartments. Several rooms include kitchenette facilities, allowing for adaptable operational models (rooms, studios, or serviced apartments). At ground floor level, the property features two independent retail units with street frontage, one of which currently operates as the hotel's café-snack bar. These spaces can generate immediate income or be integrated into the overall hospitality concept (e.g. café, mini market), enhancing revenue streams. In addition, the property is functionally connected to an organized beach area with approximately 30 umbrellas and 60 sunbeds, representing an independent income source and a key pillar of the overall investment performance. The direct beachfront position and beach exploitation potential significantly enhance the property's value, enabling the development of a fully integrated seaside hospitality concept. Pefki is one of the most popular summer destinations in Northern Evia, offering consistent tourist demand and strong seasonal occupancy. ________________________________________ 🟦 INVESTMENT PROFILE The property is ideal for investors seeking: • A value-add opportunity in a prime seafront location • An asset with existing tourism use • Upside potential through renovation and repositioning • Multiple income streams (rooms – retail – beach operations) • A combination of active income and long-term capital appreciation ________________________________________ 🟦 DEVELOPMENT POTENTIAL The property supports multiple investment strategies: 🔹 Boutique hotel 🔹 Serviced apartments / studios 🔹 Hybrid hospitality model (hotel + short-term rentals) 🔹 Fully integrated beach hospitality concept 🔹 Mixed-use development (accommodation + retail) ________________________________________ 🟦 KEY FEATURES • Total built area: ~552 sq.m. • Plot size: 418 sq.m. (zone price approx. €900/sq.m.) • Use: Tourism / hotel • 15 rooms (10 double, 5 triple – total 35 beds) • Kitchenette facilities in selected rooms • 2 ground-floor retail units (one currently operating as café–snack bar) • Organized beach operation (30 umbrellas / 60 sunbeds) • First-line beachfront location ________________________________________ 🟦 STRATEGIC ADVANTAGES ✔ Prime first-line beachfront asset ✔ Strong value driver due to location ✔ Existing infrastructure reducing initial CAPEX ✔ Multiple revenue streams ✔ Flexible investment strategy ✔ Significant upside potential ________________________________________ 🟦 IDEAL FOR • Hospitality investors • Boutique hotel operators • Short-term rental companies • Private investors with value-add strategy ________________________________________ 🟦 CONTACT For further information and a detailed presentation of the investment potential, please contact us. ________________________________________ 🟦 PRICE: €580,000 Property Code: 2360326 RE/MAX PROPERTIES INVESTMENT Contact Phone: +30 2106896940 Email: [email protected] Website: www.remaxpi.gr