Recently renovated charming beach hotel on Aegina Island, Greece with steady clientelle since it started operating in 1985. The island is located very close to the mainland and is popular tourist destination. The Temple of Aphaia is located here. The island is also well-known for its Patron Saint Nektarios. The hotel is located a few steps away from the crystal clear waters of the Argosaronic Gulf in peaceful area ideal for relaxation. Uninhabited Moni Island is located a few minutes away by boat, and is inhabited by peacocks and wild deer. Renovations just finished on the exterior/interior of the hotel.
Ground Floor: Reception area. Breakfast bar/eating area. Two studio apartments. Large storage room.
First Floor: Nine double rooms.
Second Floor: Four double rooms. One triple room.
Outside: Garden, trees. Private parking lots. Option for building a private wharf right in front of the hotel for its guests only!
booking.com Rating: 8.5 Very Good
ROI: 3.5-7% p.a.
|PROPERTY FACTSHEET |
Property: Hotel (Commercial)
Location: Aegina Island, Greece
Outside: Garden and beach
Land: 478 m2
Total Built-Up Area: 415 m2
|(seller's asking net price is highlighted; other prices are for reference use only using Bulgarian Central Bank's exchange rates of the day)||
Malyovitsa Peak, Rila Mnt
© 2023, D. Georgieva
DID YOU KNOW?
January 17, 2022
Price of housing in Bulgaria has risen by more than the EU average since 2010
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Whilst every care is taken to ensure that all general information and descriptions of property is correct we advise all clients to make their own checks and take legal advise when purchasing property overseas. Information and price guides subject to change. All properties shown are to the best of our knowledge genuinely for sale at the time of publication (unless clearly marked "Reserved" or "Sold"). Although the properties have been visited by our staff and details are produced in good faith, no responsibility is taken by us for any discrepancies, inaccuracies or omissions. All introductions and referrals to agents, lawyers and other services are made in good faith but no responsibility is taken by us for any problems or negligence which may arise. All background information about Bulgaria is taken from that available in the public domain and is not a recommendation from us or our staff although of course we may add comments and suggestions based on personal experience (such as restaurants)
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UK Embassy in Bulgaria
Ambassador Emma Hopkins has a message for UK nationals in Bulgaria. In it she provides an update on latest negotiations, the Embassy's recent work and reminds of the importance of registering with Bulgarian authorities if you reside in Bulgaria. [watch the video]
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Simeon Saxe-Coburg-Gotha, son of the Bulgarian Tsar Boris III, and his sister Maria-Louisa are the owners of the park and the "Vrana" palace in Sofia and all claims of the state against them have been definitively rejected. This happened after the Supreme Court of Cassation did not allow an appeal against the decision of the Sofia Court of Appeal, by which the two were recognized as the owners of the property last summer, the website lex.bg reports. [read more]
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The rise in interest rates and the real estate market shrinkage will not affect real estate prices
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Bulgarians become the biggest investors in real estate properties in their homeland
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British holidaymakers are moving east to extract more value for their pounds, according to Europe’s biggest travel firm, writes Simon Calder in Bulgaria and Croatia See More Bargain-Seeking Brits. [read the article]
Are Brits Investing In Bulgaria Because Of Its Lenient Travel Restrictions?
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Nick Lavtchiev, director of Easy BG - a company that deals almost exclusively with UK clients - told Oxford Business Group (OBG) recently that, "Over-urbanisation is no good for this market. What is the point of going on vacation or having a home in a place that is as overpopulated and ugly as where you came from? There are plenty of other places in the middle of nowhere that are of interest to aspiring permanent residents.". [read the article]
Bulgarians Buy out Russian’s Real Property on Black Sea Coast
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The Report - Emerging Bulgaria 2007
"There is significant scope for development of spa and welness tourism due to Bulgaria's many mineral springs. Golf course development is another area where we are seeing growth." said Nick Lavtchiev, CEO of easy BG a local property firm". [read the book]
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