Commercial property, 550m², Periochi Choras (Zakynthos), 1.150.000 €

Property Code: 2-416For sale: a 550 sq.m. hotel in Argassi, Zakynthos, one of the island’s most popular and rapidly developing tourist areas. The property consists of two independent buildings and a total of 17 fully equipped studios, making it immediately operational and highly attractive to investors.The first building includes three 28 sq.m. studios on the ground floor and two studios on the first floor. The second building offers six 21 sq.m. studios on the ground floor and six additional studios on the first floor. All units feature renovated equipment and are thoughtfully designed to provide comfortable and pleasant accommodation.The complex includes a swimming pool with a beautifully landscaped surrounding relaxation area, as well as an 80 sq.m. breakfast area that allows for expansion or enhancement of services. In the same building, there is an additional apartment suitable for staff or any other use the new owner may require.The property is equipped with a 20 m³ water tank ensuring continuous supply, as well as a parking area for guests. All studios come with kitchen facilities, a refrigerator, a safe, a flat-screen TV with cable channels, and a private bathroom with a bidet. Each unit also features a private balcony with sea views, enhancing the overall guest experience.A significant advantage of the property is its remaining building capacity, which —with a minor modification to the existing permit— can be utilized for further development, either by adding new accommodation units or by creating additional facilities, thereby increasing the investment’s value and potential.Argassi is one of the most established and well-developed tourist destinations in Zakynthos, with a long-standing presence in the hospitality sector. The area offers a fully organized and vibrant market, with a wide range of shops, restaurants, cafés, and services covering all visitor needs. Additionally, it is located very close to Zakynthos Town and near some of the island’s most popular beaches.This property represents an excellent investment opportunity, ready for immediate operation, in an area with strong tourist demand and significant growth prospects.