Crete south coast - hotel in a sleeping beauty slumber, who will wake it with a kiss? – Photo 1

Crete south coast - hotel in a sleeping beauty slumber, who will wake it with a kiss?

The advertiser will give you the exact address on request.702 00 Kokkinos Pyrgos
Purchase price
1.300.000 €
Living area
2500 m²
Rooms
60
TraumImmo ID: U9THQAP
Partner ID: 196484356

Published on 15/11/2024 · Last checked on 28/09/2026

Advertiser:
RegionalImmobilien24

Key facts

Living area approx.2500 m²
Rooms60
Bathrooms60
Fitted kitchenBalconyBathtubGarden

Plot area9500 m²

Purchase price & costs

Purchase price1.300.000 €
Price per m²520.00 €/m²
Commission2,5% (2,5% vom Kaufpreis (inkl. MwSt.))

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About this property

It is not an artificial film set, it is not an artificially created "Lost Place".
It is a very real hotel abandoned 22 years ago with 60 rooms, several staircases, an elevator, a huge restaurant area and a huge infinity pool.
The view is unique due to the location directly on the Libyan Sea. A truly panoramic sea view.
Due to the quiet and secluded location of the hotel, it has gone unnoticed by investors in recent years.
Now it is time to wake this jewel with a kiss!!!!

Project overview
The hotel in need of renovation on the southern coast of Crete offers a unique opportunity to acquire a hotel in an exceptional location on the Libyan Sea. After a comprehensive renovation, this hotel could become a unique dream hotel that not only impresses with its location, but also serves as an ideal film set.

Location and surroundings
The hotel is located directly on the Libyan Sea and offers a breathtaking panoramic view of the coast. The surroundings are characterized by unspoiled nature, charming villages and cultural sights that offer guests an authentic Cretan experience. The southern coast is known for its quiet beaches and clear waters, making it an ideal destination for those seeking relaxation.

Hotel description


- Plot size: 9,500 m²
- Building area: 2,500 m²
- Floors: 3
- Number of rooms: 60 rooms with balcony, mostly with direct sea view
- Number of beds: 104 beds
- large pool
- Elevator
- large reception hall
- several staircases


Features:
Large pool, restaurant area with its own kitchen, bar, terrace with sea view

After renovation, the hotel can offer the following features: Sustainability:
Implementation of environmentally friendly practices to reduce the ecological footprint.

Conclusion
The hotel in need of renovation on the southern coast of Crete represents an exceptional investment opportunity. With its unique location on the Libyan Sea and the potential for a comprehensive renovation, it can become a first-class destination for travelers. The combination of breathtaking views, modern amenities and an authentic Cretan experience makes this project a unique opportunity in the highly competitive hotel market.

It is a unique opportunity to buy a hotel directly on the Libyan Sea.
Places like this with such legal development are very rare on the southern coast of Crete.

A place that is completely a special kind of real-life "lost place"


Property no. 2024814-374254


Location

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Advertiser:
RegionalImmobilien24
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