Hotel - Bar - Restaurant

To: Sale Type: Hotel Bedrooms: 13

Price: €650000 Guide Price Currency Converter Reference: HV01VarAM

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LESBOS East - Varia

FOR SALE- 100% of both business and buildings / Sold as on going business in operation

VIGLA BEACH HOTEL (EPE Company, Limited Liability) which is sold as a fully operational business is located in Varia on the beautiful island of Lesvos, Greece.

The Vigla Hotel was built in 1987 at the seafront of Varia and it has recently been updated and renovated. It is located (on the main road to the town, port and airport of Mytilini), a mere 2.5 kilometres from the town , port and historic castle of Mytilini and very close to the airport.

 

It comprises of 440 m2 of buildings with 2 storeys. There are 260 m2 of marble paved outdoor areas and gardens where guests can enjoy their refreshments and admire the view of the pier and sea. In total the whole property is 700 m2. The hotel has a beautiful roof garden which overlooks the breathtaking stone pier of Vigla Varia.

The hotel features 15 fully furnished rooms, a beautiful bar made of expensive oak wood, restaurant, and terrace. It has an official B class status for its bar and restaurant and C class category for the rooms even though the quality of the rooms fulfils B + class criteria. Each room benefits from en suite bathroom facilities (shower), telephone, central heating and balcony. All Utilities are connected.

Crystal clear beaches, tavernas and bars are all nearby. It is located within walking distance of the popular Theophilos Museum and the ‘Teriade Museum ’. It is also within walking distance of the Aegean University main campus.

The hotel operates all year round and has an excellent clientele with the potential of greater business expansion in the future. The hotel’s proximity to the university (app. 3500 students ) ensures that part of the hotel’s current clientele are family and friends of students studying at the university. The hotel also has a large Turkish clientele since Mytilini is only 9km away from Turkey with regular ferry connections between Mytilini and Ayvalik.

The number of Turkish tourists visiting Lesvos has increased in the last two years to  record numbers (100% increase from 2012 to 2013 ) . The Vigla Beach Hotel is an ideal choice for Turkish visitors many of which choose to stay in, or close to, the town of Mytilini.

 This hotel is being sold due to family reasons. It is a terrific investment opportunity with great future potential. It is also suitable to be run as a casino or even a nursing home.

 

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  • Hotel Vigla

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