15,000 Sq.M. Glass Greenhouse with 47,000 Sq.M. Land in Almyros, Greece
Financial Details
- Asking Price:
- $1,400,000
- Annual Revenue:
- $500,000
- Cash Flow / SDE:
- $500,000
- Profit Metric:
- Gross Revenue
- Valuation Multiple:
- 2.8x
- Location:
- Almyros, GR
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This listing presents a substantial 15,000 square meter fully equipped glass greenhouse located in Almyros, Greece. The property also includes 47,000 square meters of irrigated agricultural land. The greenhouse is outfitted with essential systems for modern agriculture, including a recently installed hydroponics system (costing €500,000), tables for plant growth, heating, a thermal screen, a store, a cooling room, and transport lorries. Previously, this operation generated annual revenues ranging from €300,000 to €500,000 from the sale of lettuce and house plants. The asking price is €1.4 million, representing a significant discount compared to its estimated replacement cost of €5 million. This presents a compelling opportunity for an investor looking to acquire a well-established agricultural asset with existing infrastructure and revenue potential.
Industry Information
- Industry Description:
- Agriculture, Forestry, Fishing and Hunting
- Classification:
- Agriculture
Real Estate & Lease
- Status:
- Included
- Real Estate Price:
- $1,400,000 EUR
Assets & Inventory
- Includes FF&E:
- Yes
- Includes Inventory:
- Yes
Listing Details
- Listing ID:
- 05016ae8-f91e-4d09-b358-58b5f8f735fc
- Deal Status:
- For Sale
- Date Posted:
- July 11, 2024
- Last Updated:
- September 15, 2025
- Currency:
- EUR