Detailed plans available.

Description:

A luxury 5 Star (A class) Hotel complex, built in the traditional Cretan style using solid stone, the complex is nestled in the heart of the picturesque Apokoronas peninsula, in Chania, western Crete. The whole complex has stunning views of the bay and the surrounding countryside.

A short drive from some of the best beaches in Greece, in an area of substantial luxury real estate.

Accommodation & Facilities:

The hotel complex spreads over an area of 12,291 m2. It includes a main building and a series of furnished apartments.

The main facilities of the hotel are situated on the upper side of the site, taking advantage of the spectacular view of Souda bay. They include the lobby, a main restaurant and a bar, a tv room, two swimming pools, a gym and of course it can accommodate a tennis court or other outdoor activities.

The hotel apartments are arranged in four distinct groups which include a variety of spaces with different viewing angles and relationships with the outside terraces. In total, 100 beds.

15 Studios - approximate size 40sqm that includes an open plan space of 29 sqm and a 4sqm bathroom
10 two-room apartments - approximate size 50sqm that includes a living room of 25 sqm, a bedroom of 16sqm and a 5sqm bathroom
8 three-room apartments - approx. 80sqm that includes a living room of 25 sqm, two bedrooms of 16 sqm and two bathrooms, one of which has direct access from the bedroom.
Among those, 6 apartments are able to accommodate disabled guests.

Price:
4,900,000 euro (approx. £3,305,000)

This includes the land, cleared from the Archaeological Authorities and the Forestry Commission, the architectural designs and plans, the building permit already obtained and valid until 2011, and the construction of the buildings (but not fixtures, fittings, furnishings).

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Location:
The complex is situated just 5 minutes drive from the nearest village and 45 minutes drive from Chania town and the international airport (charter flights June to October from many European cities and scheduled flights daily from Athens).

Click on the yellow box for details and pictures of the area.

Editor's notes

An excellent investment opportunity offered by one of the largest and most reputable property developers in Western Crete.

The hotel complex is in one of the most sought after areas of Europe, touristically developed while retaining its local character.

The Greek tourism sector is a continuous growth market and Greece ranks in the top 15 destinations worldwide. Annual arrivals by 2010 are projected at 20 million.

Crete is the south-most island of Greece, with excellent weather and a very long tourism season – May to October.
Chania is the westernmost province of Crete and probably the most beautiful. It has the best tourist occupancy from all places in Greece.