Profitable Luxury Hotel Business for Sale in Chóra, Greece

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Financial Details

Asking Price:
$644,702
Annual Revenue:
$351,655
Cash Flow / SDE:
$210,993
Profit Metric:
Cash Flow
Valuation Multiple:
3.1x
Location:
Chóra, GR
Source:
Date:
September 15, 2025

Key Highlights

Profitable luxury hotel business with a prime location in Chóra, Greece.
Fully operational with a strong reputation, recognized by travel guides, and excellent guest ratings (9.9/10).
Significant recent investment (€500k+ in 2018) and strong marketing presence with high online visibility.

Description

This listing details a profitable luxury hotel business situated in Chóra, Greece, specifically on Andros Island. The business is presented as fully operational and ready for immediate revenue generation, supported by a stable, trained seasonal staff. A substantial renovation and equipment upgrade exceeding €500,000 was completed in 2018, with ongoing annual maintenance ensuring a pristine condition. Key features include a unique 500 m² swimming pool area with ancient olive trees and a Cycladic-designed Smart Firepit lounge. The hotel has garnered significant recognition, including awards for 'Best Luxury Hotel,' 'Best Romantic Gateway,' and 'Best Wellbeing Hotel' in Andros, reflected in a high guest rating of 9.9/10. The business benefits from a robust marketing strategy, with substantial investment (€73,000 since 2018) yielding extensive online visibility (90M+ views on social media, 78M+ on Google Ads) and traffic (509K+ site visits from Google). It is connected to over 50 booking engines and 701 global travel agents. The property comprises a 4,000 m² complex with 250 m² of main buildings and 50 m² of auxiliary buildings, featuring five 50 m² 'Cycladic Luxury Suites.' Each suite is well-appointed with a private 25 m² jacuzzi, smart home technology, high-end appliances, and premium furnishings. The business operates under a favorable 15-year rental contract with a monthly rent of €1500. The sale explicitly excludes the real estate.

Industry Information

Industry Description:
Other Accommodation and Food Services
Classification:
Travel

Real Estate & Lease

Status:
Not_included
Monthly Rent:
$1,755 USD

Listing Details

Listing ID:
cae14772-61d8-4708-b039-f9b91ad0ba0d
Deal Status:
For Sale
Date Posted:
May 29, 2024
Last Updated:
September 15, 2025
Currency:
USD

Features & Tags

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