Pension Hotel for sale in Old Town Chania. ID 02-254

Old Town, Chania, Greece

€500,000

Description

Pension Hotel for sale in Old Town Chania, Enjoying a privileged position at just 30m from the main square of the historic Old Port of Chania, an area extremely popular with tourists from all over the world, this second floor 170m² pension hotel with seven (7) rooms is a dream investment in a unique and picturesque location and a top tourist destination! The Old Town of Chania is built around the Venetian port and is an area where Venetian buildings and later Turkish elements compose a unique architectural style. Due to the historic center of Chania with its Venetian walls defining the borders between the old and new city and its ramparts, the city has been pronounced as preserved. All seven rooms of this unique pension are air-conditioned, three have beautiful mezzanines and two have the benefit of balconies with excellent views while there is also a terrace which can become an enviable roof garden! In particular, the first two rooms, 35m² and 40m² respectively, are both air-conditioned and benefit from balconies with views over the Old Port's main square. They are furnished with a double bed on one level, where one may also find a kitchenette and a toilet with shower, while an extra double bed and a single one can be found in the mezzanine. These rooms are offered at an average 65-140 Euros per night. The third room is 32m², also air-conditioned, with a double bed, a kitchenette and a toilet with shower on one level and two single beds in the mezzanine. This room is rented at an average 65-130 Euros per night. The fourth air-conditioned room is 9m² with a double bed, a fridge and a toilet with shower. This room is rented at an average 35-80 Euros per night. The fifth air-conditioned room is 11m² with one double and one single bed, a fridge and a toilet with shower. This room is rented at an average 35-80 Euros per night. In addition, the pension hotel has a 20m² reception area and a 10m² extra room which can be used as an auxiliary space as well as another 6m² room with a toilet where the washing machine and clothing presser are found as well as the security cameras. An internal staircase leads to the 30m² rooftop which can become an enviable roof garden as it enjoys magnificent views over the Old Town. The pension, which comes complete with a solar water heating system and internet connection, is open all year round with 90% capacity during the summer and 30% in winter-time. Expenses, which include electicity bills at 300 Euros every two months and water bills at 100 Euros every three months, amount to 10.000 Euros per year while the annual revenue is 50.000 Euros. Finally, the property tax for this pension hotel, paid once a year, is 400 Euros. This excellent pension hotel in one of the most sought-after areas of Chania presents an enviable business opportunity with immense potential! Start your venture here!