Presenting an exceptional investment opportunity at €1,200,000, this 4-level hotel unit in the highly sought-after Kassiopi, Corfu, offers a remarkable prospect in Greece's thriving tourism sector. Spanning 1,200 sq.m on a generous 4,000 sq.m plot, this property is strategically located just 300 meters from the sparkling sea.
The hotel, built in 1973, comprises 27 spacious apartments, each featuring a private bathroom, kitchen, and living area, designed to accommodate guests year-round. Boasting shared amenities such as a swimming pool, a lush garden, comfortable open parking, and an elevator, guests are ensured a relaxing stay. Enjoy serene forest views and the natural beauty of Kassiopi.
With its prime location in one of Corfu's most popular coastal destinations, attracting consistent tourist flow, this property also offers versatile potential for conversion into a boutique hotel, a residential complex, or tourist apartments, promising significant value appreciation. It may qualify for a renewable Greek residence permit, making it an even more attractive acquisition for international investors.