957181 - Hotel For sale, Rhodes, 586 sq.m., €950.000 – ID 2258188

EXCEPTIONAL INVESTMENT OPPORTUNITY IN THE TOURIST AREA OF IALYSOS A small, well-located hotel is for sale in an exceptional tourist location in Ialysos, just 200 meters from the beach and the sea. Both the business itself and the building with the land are for sale as a public limited company .The building is currently in need of renovation. The photos available were taken 7 years ago, showing it as it was when it was still in operation. The property spans three levels: a basement (with a change of primary use to guest rooms), a ground floor, and a first floor. It has a total area of 586 square meters and is situated on a 1,210-square-meter lot. It holds a valid Special Operating License as a small 2-star furnished apartment hotel (issued on August 21, 2012). The property was built in 1989 and renovated in 2005. Features & Amenities: Accommodations: 17 rooms in total (studio and one-bedroom), 17 of which have their own bathroom and kitchenette. 9 rooms, 25 square meters 6 rooms, 45 square meters 2 rooms, 12 square meters Common Areas: Small reception area and 2 shared restrooms Equipment & Infrastructure: Air conditioning in all areas(which need to be replaced),, tiled floors, aluminum window frames with single-pane glass (which need to be replaced), storage room, emergency exit, and an installed fire suppression system Outdoor Areas: Spacious open-air parking lot with 6 spaces and a garden with and trees (with the potential to create a truly magnificent garden) Added Value: Immediate potential to build a swimming pool on the surrounding grounds Location & Advantages: The building faces the street, is particularly bright, and is strategically located next to a well-maintained beach, hotels, shops, and restaurants. It is just 10 minutes from the island’s airport and 15 minutes from the city. Investment Potential: The property is in need of renovation, offering excellent potential for upgrading and high returns. It serves as the ideal investment for conversion into a modern luxury boutique hotel, exclusive apartments for short- or long-term rentals, or any other tourism concept aligned with the buyer’s investment profile.

17 bedroom waterfront business

Rhodes, South Aegean, Greece

Location