Commercial property, 3000m², Samos-City (Samos Prefecture), 1.400.000 €

Property Code: 11681037 - Hotel FOR SALE in Samos Vathia for € 1.400.000 . This 3000.00 sq. m. Hotel is on the Ground floor and features 43 Spaces, . The property also boasts unobstructed view, garden, swimming pool, roof Garden. The building was constructed in 1989 Plot area: 5000 s.q. . Building Energy Rating: D ADDITIONAL FEATURES: In a prime location with panoramic views of the sea and the harbor, a hotel unit is available for sale. The complex has: 43 rooms, dining and recreation areas, swimming pool, bar and roof garden, offering all the basic infrastructure for the creation of a modern tourist unit of high standards.The building was constructed in 1989 and needs renovation. At the same time, a significant investment advantage is provided, as an approved subsidy of €800,000 has already been secured for repair, modernization and complete upgrade of the unit. The approved study provides for the conversion and upgrade of the property into a 4-star hotel, while at the same time there is the possibility of its development as a complex of independent rental apartments or studios, depending on the investment plan of the new owner. This is a rare investment opportunity in Samos, as it combines existing hotel infrastructure, secured financing for renovation and the possibility of upgrading to a 4-star category, in a destination with steadily increasing tourist interest. Ideal for hotel groups, investment schemes and tourism entrepreneurs looking for a unit with an approved upgrade plan, secured subsidy and significant growth prospects.