Exceptional development, in one of the most sought after Locations on the island of Paros, Greece: Sant Maria Beach.. A unique property sitting at 60 meters from the water and the beach, is ready for a luxury conversion to create one of the most exclusive Boutique Hotels on the Cyclades Islands.
The Hotel’s real estate is on sale at 5,800,000 euros. The development cost is projected at 2 millions. The strategic location will allow an extended season by turning the spot into a destination boutique hotel, stretching to 6 months of occupancy. Estimated ROI at 14%
Location:Paros, Greece
Investment type: Hotel’s real estate + development
Total Estimated investment : $3 millions
Estimate completion time: 12 months from purchase of real estate
Number of suites: 12 luxury suites
Design & Architecture : MySuites and Co., New York www.mysuitesandco.com
Hotel management : SLH based on a HMA with the real estate owners
The Santa Maria beach hotel resort will be a unique development on the Island of Paros.
Located in one of the most strategy spots of the entire island, the Development will aim to create a secluded and exclusive luxury Boutique Hotel with access to private beach.
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Investors please request a full brochure
Date:
March 8, 2023
Category:
Hotels for sale