Unfinished hotel with great potential in Sidari

€300.000
  • Property type: Villas and Houses
  • Reference: RPRS149
  • Offer type: For Sale
  • Area: Sidari
  • Building size: 1100 m²
  • Land size: 2000 m²
  • Levels: 3
  • Bedrooms: 35
  • Bathrooms: 40
  • View: Countryside views

Distances

  • Acharavi: 11,8km
  • Airport: 34,7km
  • Canal d'amour: 3km
  • Corfu Port: 32,8km
  • Corfu Town: 35,8km
  • Local amenities: 1km
  • Roda: 10,5km
  • Sidari beach: 2km

Features

  • 35 bedrooms with en suite bathrooms
  • Big storage areas in the basement
  • Restaurant
  • Space for a big pool
  • Well

Details

Situated in the charming coastal town of Sidari, this unfinished hotel of 35 bedrooms with en suite accommodations stands as a tantalizing promise of luxurious retreats.

The existing building measures 1,100m² and sits on 2,000m² of land.

Despite its incomplete state, it holds immense potential to be a haven of relaxation and indulgence.

Although its building permit is for a hotel, it can be converted into other commercial uses such as a supermarket, a long term rental, commercial warehouses, etc.
It has clean titles, it is not burdened by loans or mortgages and it is absolutely legal based on its building permit.
Furthermore, it has the EOT approval.

While the hotel’s construction remains unfulfilled, its all-inclusive standards inspire visions of an unforgettable getaway.

The envisioned on-site restaurant, the spacious area for the construction of a pool along with a poolside bar, surrounded by lush landscaping, feature the perfect spot for the guests to unwind.
Although currently an unfinished canvas, this hotel embodies the potential for a remarkable investment  in Sidari.