ANALIPSI HOTEL, Analipsi, Corfu

Ref: 11073 Reduced in price

Analipsi

270,000 €

Once a busy popular family hotel which has not been in business for some years. The hotel does not need too much work to bring it back up to standard. It is a lot of property for the price, and is divided into five separate apartments, and owners accommodation. Great investment opportunity for turning it back into a successful rental business.

6 Bedrooms 6 Bathrooms 1 Reception 380 m2 480 m2

Description

In the quiet area of Analipsis, between Ipsos and Kato Korakiana, this was once a busy family hotel. It has been empty for some years, and needs some decorating work to bring it up to date.

On the ground floor is an enormous room which was originally the hotel reception. There is plenty of space for an additional apartment to be built and for there still to be a large reception and dining/bar area. At the back on this ground level is a two bedroom apartment with its own external access.

Stairs from the outside lead up to 2 two-bed self contained apartments, 1 studio apartment and 1 apartment with a bedroom and living room. All these separate apartments have their own external doors leading from a balcony overlooking a lush garden (not belonging to the hotel). On the lower ground floor are several unfinished apartments which could be completed by the new owner or used as games room/gym etc.

The building sits in a small plot with four potential parking spaces, a wide front terrace where tables and umbrellas could be installed and it has easy roadside access.

Important Remarks

Please note that all the above information has been provided by the vendor in good faith, but will need verification by the purchaser's solicitor. Any areas, measurements or distances referred to are given as a guide only and are not precise. Floor plans are not drawn to scale and are provided as an indicative guide to help illustrate the general layout of the property only. The mention of any appliances and/or services in this description does not imply that they are in full and efficient working order and prospective purchasers should make their own investigations before finalising any agreement to purchase. It should not be assumed that any contents, furnishings or other items shown in photographs (which may have been taken with a wide angle lens) are included in the sale. Any reference to alterations to, or use of, any part of the property is not a statement that the necessary planning, building regulations, listed buildings or other consents have been obtained. We endeavour to make our details accurate and reliable, but they should not be relied on as statements or representations of fact and they do not constitute any part of an offer or contract. The seller does not give any warranty in relation to the property and we have no authority to do so on their behalf.