| Living area approx. | 650 m² |
|---|---|
| Bedrooms | 13 |
| Rooms | 13 |
|---|---|
| Bathrooms | 13 |
| Plot area | 900 m² |
|---|
| Purchase price | 950.000 € |
|---|---|
| Price per m² | 1,461.54 €/m² |
| Commission | 2,5% (2,5% vom Kaufpreis (inkl. MwSt.)) |
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More financing calculators and assumptionsCrete, Kokkino Hani, development project from beach hotel to 4 luxury apartments with pool
For sale is an old hotel with a building area of approx. 650m² on a plot of approx. 900m²
The location of this hotel is unique and offers potential for future development either into a luxury hotel or into an apartment building with 4 luxury apartments with private pool (165m² each), each for tourist rental.
We would be happy to provide you with the existing plans for the project development.
Property features of the hotel:
- Building area 650 sqm
- Plot area approx. 900 sqm
- Year built 1980
- Raised ground floor 248m²
- Ground floor 197m²
- 1st floor 197m²
- Roof terrace
- 13 rooms (hotel rooms)
- 1 reception
- 1 multipurpose room (living room or breakfast room)
The raised ground floor can be used for larger rooms such as a SPA, kitchen, etc.
and the roof/terrace can be used, for example, with a "pavilion" for massages.
Swimming pools of various sizes can be built in front of and behind the building.
It is in the immediate vicinity of the beach; it is only approx. 100m on foot to the famous beach of Kokkino Hani.
The entire area will develop extensively in the coming years; for example, the future Gournes leisure center is only approx. 4km away.
More about the planned Gournes leisure center:
There are current plans for a new casino near Heraklion, Crete. The former American military base in Gournes, which has been unused for many years, is being developed as the site of a new resort that could also include a casino.
Investor interest:
International investors from the USA, Saudi Arabia, Israel and Croatia have expressed interest in developing the site and are prepared to invest hundreds of millions of euros. This could lead to a project similar to the Ellinikon project in Athens.
Project scope:
The development includes the use of around 350,000 square meters of the total 738,000-square-meter site. The resort is expected to include luxury hotels, holiday apartments and leisure facilities.
Approvals:
Approval was already granted last year for the construction of a casino in Crete. The Greek government has recognized that casinos are becoming increasingly popular among travelers.
Target group:
The planned casino and resort are intended not only to attract tourists, but also to meet the needs of the local residentsMeet the needs of the population and establish Crete as a new center for entertainment and luxury23.
In summary, the plans for a new casino near Heraklion are taking concrete shape and have the potential to significantly invigorate the region.
