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Ideal Property For Elderly Center For Sale
Location: Greece -> Kefalonia
Industry: Health and Medical > Other Health and Medical

Business Summary

Ionis Hotel for sale in Peratata,centrally located at the foot of the Venetian Castle, in excelent condition with 32 rooms and apartments fully equipped. Hotel area:950 sq.met.Plot area:5200 sq.met. There is a very well maintained swimming Pool (including children's pool) surrounded by manicured lawn and gardens. Large breakfast room and bar are also available. Because of its location (commercial) the property can be used as an alternative business venture. In addition this complex includes an independent residence built in 2000 for the owner 160m2 within its grounds.There is also a planning permission issued for a 180 sq.met. shopping center with parking in front of the complex.

Living accommodation:Owners house Built in 2000.The villa has two floors,private garden with independent entrance and private outdoor area. The ground floor consists of a big living room, a fully equipped kitchen ,one bedroom and a full bathroom. The upper floor consists of two bedrooms , a full bathroom and a balcony.Central heating andA/C. At the beautiful suburb of Peratata, there are tavernas, supermarket, pastry shop, bakery, pharmacy, bowling center, gas stations.

Expansion potential:Suggested usage: Elderly center,Medical center,Residential use. Expansion can be made.The hotel was renovated in 2004.An additional advantage of the property is the existance of a planning permission issued for a 180 sq.met. shopping center with parking on the main road Argostoli-Poros.

This building may also be converted to an Elderly Center.It is centrally located close to Argostoli and would be an ideal location for an elderly center.
Currently there is no other elderly center other than the governments-owned elderly Center which is over crowded and has sub-standard facilities,therefore there would be a huge demand for a new Elderly Center.
Especially on such a wealthy island as Kefalonia.

For elderly center there is a financial contribution according to the new developing law.


Asking Price Range:  $500K - $1.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $300,000
Seller Financing:  No

About The Business

Year Established:  1989
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Personal


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Ideal Property For Elderly Center For Sale Photo 1 Ideal Property For Elderly Center For Sale Photo 2 Ideal Property For Elderly Center For Sale Photo 3

Print Listing Id: 700180039
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