Turnkey Hospitality Complex with Strong Income in Sidari – ID 2287467

Located in the lively coastal area of Sidari, this well kept hospitality property spans a generous 3,000m² plot with 1,300m² of built space. Originally constructed in 2003 and updated in 2013, it includes four separate buildings designed for efficiency and guest comfort. The complex houses a total of 29 guest rooms, divided into three size categories, 8 rooms at 48m², 10 rooms at 32m², and 11 rooms at 26m², making it ideal for accommodating both couples and families. The property offers a wide range of on-site facilities that enhance the overall guest experience. A large swimming pool, private tennis court, and ample parking provide plenty of outdoor leisure and convenience. Inside, you'll find a well-equipped bar, a functional kitchen, and a dedicated reception area, all supported by utility spaces and service areas to keep operations running smoothly. This is a fully operational business with solid income streams. The net income from room rentals reaches approximately €185,000 annually, while the bar generates around €37,000. Operating expenses are kept relatively low at €26,000, thanks in part to a small, effective team of four staff members. The business shows healthy margins and stable returns, ideal for someone seeking a ready to run investment. Key Features Plot size: 3,000m² | Built area: 1,300m² 4 separate buildings with 29 guest rooms Room breakdown: 8×48m², 10×32m², 11×26m² Large pool, tennis court, and private parking Bar, kitchen, reception, and utility rooms Annual net income: €222,000 | Expenses: €26,000 Fully staffed with 4 employees Who We Are Chase Real Estate Corfu is a trusted property agency based on the island of Corfu, Greece. Our experienced team helps clients buy, sell, and invest with confidence — guiding you from the first viewing to the final contract. With deep local knowledge and international experience, we make every transaction smooth, transparent, and secure. Our Services • Property Sourcing – Villas, apartments, and plots across Corfu • Viewings – Private or virtual tours at your convenience • Investment Planning – ROI guidance and renovation advice • Negotiation & Contracts – Fair terms and smooth closings • Lawyer Coordination – Trusted local legal support • AFM & Bank Setup – Assistance with tax number and banking • Golden Visa Support – Full residency application assistance Buying in Corfu – Key Info Buying a home in Corfu is straightforward with the right support. - Legal process: A Greek Tax Number (AFM) and local lawyer are required. - Total costs: Around 8–10% extra for taxes, lawyer, notary, and registry. - Contracts: A deposit secures your property; the sale completes at the notary. FAQs Can foreigners buy in Corfu? Yes — both EU and non-EU buyers can purchase freely with an AFM and legal representation. What are the buying costs? Typically 8–10% above the price, covering tax (3%), lawyer, notary, and registry. How long does it take? Usually 8–12 weeks, depending on checks and documentation. Is it a good investment? Yes — Corfu’s strong demand, limited coastline development, and rental returns make it a solid long-term investment. Legal & Power of Attorney We recommend appointing a trusted local lawyer. They perform due diligence, represent you, and can sign on your behalf through Power of Attorney (POA). Chase Real Estate Corfu works with experienced English-speaking lawyers for your peace of mind. Contact Us 📞 Phone: +30 690 627 4665 💬 WhatsApp: Message us directly 📧 Email: [email protected] 🌐 Website: www.chaserealestatecorfu.com 📍 Office: Main Street, Dassia, Corfu — View on Google Maps Our office is open year-round, and viewings or consultations are available by appointment. We look forward to welcoming you to Corfu.

29 bedroom estate with swimming pool

Corfu, Ionian Islands, Greece

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