| Full Description: (Reference: A0015) For Sale: 900,000 Euros. (Please note that price in USD will vary dependent upon exchange rate.)
In need of some refurbishment, this property offers a purchaser the chance to bring back to life a small family style hotel.
Situated in the centre of Ixia, close to some of the best hotels of Rhodes, the hotel has 20 bedrooms, a reception area and a bar/lounge. Fifteen of the bedrooms are 40 SqM, apartment in style, and 5 of them are 15 SqM.
The hotel has a total of 4 floors – a basement, ground floor and two floors above ground level – with each floor being 300 SqM in size. The swimming pool is shared with two other hotels with a successful reciprocal running arrangement in place; however the beach lies only 100M away.
Built in 1984, the hotel was a family run business but was closed due to ill-health and has been closed for a number of years; hence the low sale price.
This property is for sale at a very attractive price and, with some investment and creative thought, would be idea for turning into a delightful boutique hotel in one of the most popular resorts on the island.
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