Hotel in the heart of the old town

A great opportunity to acquire a seafront 2-star hotel, on the beach road, in the historical old city of Rethymno, ideally located for both summer and winter operation.

Renovated in 2016 the hotel comprises ten rooms of varying categories with private bathrooms and a total of 15 beds. The rooms are located on the first and second floors. The overall floor area of the building is 280m2. Most of the rooms have views across the old town of Rethymno, and a few provide panoramic sea views. The communal areas and the rooms, ranging from single to quadruple occupancy, have all facilities for immediate occupation.
Directly next to the hotel is a small shop that is also available for sale by the same owner. This can be purchased for an additional cost and extended into the hotel to create a restaurant and/or a reception area, providing further income for the hotel.

The hotel has entrances to the property on both the main old town cobbled shopping street and the beachside with its wonderful array of cafeterias, restaurants, and bars. The beach closes to traffic in the summer season to allow locals and residents alike to stroll along and enjoy the atmosphere that can only be found in Rethymno.

The city itself is dominated by the Venetian Fortress said to be the world’s finest example as so much of it is still in excellent condition. Visitors flock to the fortress every year to experience the beautiful panoramic views across the town, the beaches and the peninsula that marks the coastline of the west of the island.