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Hotel for Sale in Crete
Hotel for Sale in CreteReference No : #22-118
Location : Greece :: Crete
Category : Hotels

Hotel for Sale in Crete, Located just 2km from the beach, this hotel with 22 apartments presents a marvellous opportunity to own a profitable hotel in a popular tourist destination in the sunny island of Crete with expansive sea views!

Found on a 4200m plot and benefiting from a privileged location on a hill with 340m altitude, this beautiful hotel offers guests unobstructed views of the crystal blue sea!

With 22 apartments spread in three buildings and a total capacity of 63 beds, as well as a massive 90m pool, a pool bar and a 5m children's pool, this hotel has offered its guests an unforgettable holiday vacation since it started to operate in 2004.

In particular, the hotel offers:
  • 9 apartments with two rooms sleeping 4 persons each
  • 6 maisonettes sleeping 3 persons each
  • 7 studios sleeping 2 persons each
The above are fully equipped to cater for all needs and come complete with furnished balconies with pool or garden views.

Tending to all comforts and luxuries for its esteemed holiday makers, this exquisite hotel has a fully equipped bar with the capacity to offer a la carte menus. There is also a parking area for 40 vehicles.

The hotel is open in the period May-October with 85-90% fullness and a turnover of 100.000-110.000 Euros. It has a long standing relationship with clientele originating from the United Kingdom and Scandinavian countries.

In this hotel are employed one bartender, one person as cleaning staff and one cook as permanent staff. All the expenses for the period amount to 30.000 Euros.

As an added perk, this hotel has ample capacity for expansion as in the land where it is found one may build an extra 800m.

This is a unique opportunity to run a lucrative business with plenty of scope for additional services to clients in an island with an average of 300 days of sunshine per year!


Crete is an island with an exquisite 1.000km-long coastline dotted with numerous coves, bays and peninsulas, which afford a multitude of soft, sandy beaches along the beautifully blue Mediterranean Sea. After all, it's among the finest in the world and has established Crete as one of Europe's most popular holiday destinations. And, of course, the island's historic importance in today's world as the home of the Minoan civilization with important archaeological finds at Knossos, Phaistos and Gortys, is evidenced by the tens of thousands of visitors to these sites each year.

However, Crete is the largest island in Greece - the fifth largest in the Mediterranean - and, within its diverse area of more than 8.000km, there are many other jewels just waiting to be discovered by the more adventurous explorers of holiday treasures. If you haven't visited Crete yet, this summer may be the time to come and discover this fascinating Greek island. If it captures your heart, don't worry. Come back next year and Crete will welcome you once more with its smiling Cretan sun, the sounds of the Cretan lyre, the scents of orange blossom and jasmine, a slice of cool red watermelon and a glass of iced raki.

Crete straddles two climatic zones, the Mediterranean and the North African mainly falling within the former. As such, the climate in Crete is primarily temperate. The atmosphere can be quite humid, depending on the proximity to the sea, while winter is fairly mild. Snowfall is common on the mountains between November and May, but rare in the low lying areas, especially near the coast when it only stays on the ground for a few minutes or hours. However, a truly exceptional cold snap swept the island in February 2004, during which period the whole island was blanketed with snow. During the Cretan summer, average temperatures reach the high 20s-low 30s Celsius (mid 80s to mid 90s Fahrenheit), with maxima touching the upper 30s-mid 40s (above 110 F / 43.3 C).

The south coast, including the Mesare Plain and Asterousia Mountains falls in the North African climatic zone, and thus enjoys significantly more sunny days and high temperatures throughout the year. In southern Crete, date palms bear fruit, and swallos remain year-round rather than migrate to Africa

Crete is one of the most popular holiday destinations in Greece. Fifteen percent of all arrivals in Greece come through the city of Heraklion (port and airport), while charter journeys to Heraklion last year made up 20% of all charter flights in Greece. Overall, more than two million tourists visited Crete last year, and this increase in tourism is reflected on the number of hotel beds, rising by 53% in the period between 1986 and 1991, when the rest of Greece saw increases of only 25%. Today, the island's tourism infrastructure caters to all tastes, including a very wide range of accommodation; the island's facilities take in large luxury hotels with their complete facilities, swimming pools, sports and recreation, smaller family-owned apartments, camping facilities and others. Visitors reach the island via two international airports in Heraklion and Chania or by boat to the main ports of Heraklion, Chania, Rethimno and Agios Nikolaos.

Price (Euros) 950000
Sea View yes
On Hill yes
Swimming pool yes
Parking yes
Contact us - Main office
Contact us - Main office


+30 28210 57111
+30 28210 58881

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