The described property is available for sale or co-investment for the construction of a hotel.
Already built and in operation is a 120 m2 semi-circular wood-trimmed bar with a beautiful 150 m2 veranda and a 1.000 m2 parking space.
The property is suitable for building a 66-room 4-star hotel plus facilities (reception, pool, restaurant, tennis courts).
It is situated in a popular tourist zone only 5 minutes' walk from the beach.
Good hotel infrastructure is already available (2 operational water bores for the pool, drinking water, phone lines, electricity).
Necessary papers for an incorporated business have already been drawn and obtained.
Total investment cost is 2,000,000 EUR, half of which is available in facilities & (in case of co-investment) cash.
The island of Kos is situated a breath away from Rhodes and has demonstrated a strong rise in tourism for the past 3 years running; together with Rhodes it is the most popular destination in the Dodecanese.
Don't miss this unique opportunity to invest in a high-potential business in the Mediterranean.