A small hotel unit for sale together with two old traditional houses and a plot of land of ~300 sq.m. within the plan adjacent to the hotel, very close to the seaside area of Myrtos - South Crete - Chora Greece. Sale price 1,000,000 euros negotiable.

Perfecture of Heraklion

Square meters 504

Price 1.000.000€

Property Code:#5255

Fully furnished
Air Conditioner
Fireplace

BRIEF DESCRIPTION

A small hotel unit for sale together with two old traditional houses and a plot of land of ~300 sq.m. within the plan adjacent to the hotel, very close to the seaside area of Myrtos - South Crete - Chora Greece. Sale price 1,000,000 euros negotiable.

It is a luxurious traditional hotel unit made of high quality materials with a wonderful panoramic view of the Libyan Sea. It consists of five independent residences, a plot of ~300 sq.m. adjacent to the hotel, as well as two old traditional residences very close to the Hotel. It is located in one of the most beautiful parts of the South, ideal for quality and quiet holidays not only in the summer months but also all year round. The feeling it gives you from the first moment is "Authentic Cretan Hospitality".

General Characteristics

- Year of construction - operation 2008.

- The Hotel has a construction area of 504 sq.m. On a plot of land ~ 547 sq.m.

- It can accommodate up to 18 people in its rooms.

- It consists of five independent houses, two of which are maisonettes. All houses have heating and an energy fireplace, bedroom, bathroom with hydromassage, fully equipped kitchen, comfortable living-dining room, satellite TV and veranda - balconies. All have an unlimited view of the Libyan sea.

- The rooms are all soundproofed.

-The Hotel unit also has a Restaurant, Cafe-Bar, Library, grocery store, parking (outdoor public parking) chapel.

- They are only 10 minutes from the beach of Myrtos Ierapetra.

- The business is operating with a very high traffic rate.

- The area where the Hotel Unit exists is additionally rewarded by development and non-investment programs.

General characteristics of old traditional houses

• They are old traditional stone buildings, 53 sq.m. and 48 sq.m. each one.

• They need renovation.

• They are amphitheatrical with a view of the Libyan sea.

General plot characteristics

• It has a surface area of ~ 300 sq.m. within the plan, even and buildable.

• There is the possibility of building up to ten houses of 40 sq m each.

Property exploitation possibility: At Second Chance company recommends this property for:

• Investments. Buying with the intention of continuing to use it as a Hotel which can operate all year round.

• As well as with the airbnb method, renting the houses winter and summer for tourist use.

Area description

Traces of habitation during Hellenistic and Roman times demonstrate the region's long history, beginning 2,500 years ago, when the autonomous city-state was a powerful city, with its own currency, troops and cult deities. During the period of the Venetian occupation, it was recorded as the largest village in the province of Ierapetra. Today it remains a beautiful capital village at an altitude of 600 m overlooking the Libyan Sea, surrounded by olive groves, with the production of olive oil being the main occupation of the inhabitants.

Either to the north [Agios Nikolaos, Sitia], or to the south [Ierapetra], the location is ideal, for day trips to the mountains and the sea, remaining, however, away from the intense tourist traffic.

Useful distances

• Heraklion International Airport 86 km.

• Port of Agios Nikolaos 43 km.

• Ierapetra 27 km.

• Sitia 87 km.

• Elounda 50 km.

The translation was done via google translate

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Supporting documents for foreigners

In order to purchase a plot of land / residence / field or any other broker-type purchase, the interested party must be granted a tax registration number and also open a bank account in a Greek bank. The steps to follow for both cases are the following:

What supporting documents are required for the granting of A.F.M. to foreigners?

• Passport or Identity Card for citizens of European Union member countries.

• Valid passport for third-country nationals who are not residents of Greece. In the event that their details are not written on it in Latin characters, a clear photocopy of the passport, translated by the competent services and institutions, is submitted.

• If the foreigners, nationals of third countries, are residents of Greece, their valid residence permit or the evidence proving that they have entered and reside legally in the country, in accordance with the applicable legislation at any time, must also be presented.

The steps and forms that must be completed in order to assign a Tax Registration Number to a citizen of a Foreign country are the following:

1. Fill out Form M1 - Issued by the Tax Office - VAT return

2. Fill in Form M7 – Issued by the Taxpayer Relations Office (between a foreign resident and the recipient)

3. Photocopy of tax representative's identity card

4. Responsible declaration with the original signature by the tax representative that he accepts to be the recipient of the TIN applicant

5. Photocopy of passport or European citizen card

6. Declaration of permanent tax residence with contact details and email

Also, in order to open an Account in a Greek bank, the following supporting documents must be presented to the Greek bank:

1. Permanent Residence Documents

2. Passport

3. Tax clearance notes from the Taxing Country stating the tax registration number and the annual income

4. Telephone and Electricity bill

5. Certificate of profession – Commencement of work from the competent chamber or certificate from another authority or employer or last payslip showing the employer's details

6. Certificate of Greek VAT number from competent D.O.Y (See instructions next to it)

All the above documents must be certified by the Greek Embassy or Consulate of the country of origin.

If the mentioned documents are in the English language, they are acceptable, if they are from another country, an official translation and validation of the documents in the Greek language is required.

If the customer is a US citizen they must sign a FATCA W9 or W8 form

The Area

Property assignment

Property demand

A small hotel unit for sale together with two old traditional houses and a plot of land of ~300 sq.m. within the plan adjacent to the hotel, very close to the seaside area of Myrtos - South Crete - Chora Greece. Sale price 1,000,000 euros negotiable.

Perfecture of Heraklion

Are you interested?

The Area

See also