At the hammer two four-star hotels in Kos

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Her Matinas Harkoftaki

Luxury hotel units, which are located in both land and island destinations, have recently been targeted by e-auctions.

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In particular, on June 29, the electronic hammer is scheduled to strike for the four-star hotel Lambi Resort in the area of ​​Lampi in Kos. The auction, which is directed against the company Chrisma SA, is not hastened by a financial institution but by the Holy Monastery of the Franciscan Brothers of Rhodes of the Virgin of Victory Santa Maria Della Vittoria.

The first offer price has been set at 6.5 million euros. The property includes an area of ​​22,317 sq.m., which came from the merger of 3 adjacent plots and is outside the city plan.

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The four-star hotel Lambi Resort has been built in this area, whose main use areas are estimated to have an area of ​​4,463.40 sq.m. .

As pointed out in the assessment report, its uncovered space appears to be quite neat as it includes planting flower beds and paved sidewalks for pedestrian movement. Regarding the quality of the construction of the property, in the current period, it is considered very good as well as the degree of maintenance.

According to the official website of the Hotel Chamber of Greece, this is a hotel with a capacity of 66 rooms and 132 beds. However, according to the decision of the Kos municipal council, a positive opinion was given for the expansion of the capacity from 132 to 288 beds, ie from 66 to 144 rooms, a number that is mentioned on the official website of the resort.

The maximum duration of the unit is 6 months and it is a typical hotel, which offers all inclusive packages and services. Its facilities include a restaurant, snack bar, pool bar with table seats and sun loungers and is located very close to the sandy beach of Lampi.

Based on the latest published financial statements, the company Chrisma, to which the hotel belongs, saw its turnover in 2018 reach 1.62 million euros compared to 1.5 million euros in 2017.

Ammos Resort is under the hammer again

This is not the only four-star hotel in Kos, which will compete with the electronic hammer as on the same date a resale effort has been launched for Ammos Resort in Agios Ioannis in Kos, which belongs to the company Xenophanes Real Estate and Tourism.

The price of the first offer amounts to 5.475 million euros while the dovalue is in a hurry. This is a 4-star hotel complex, which has been built on a coastal area of ​​13,600 sq.m. at Agios Ioannis in Kos. The accommodation consists of 2 two-storey wings with a basement of a total area of ​​4,357 sq.m.

The hotel was built in 1991 and operated until 2005, when it remained closed until 2009. It then moved to a new ownership and is being completely modernized. With its new form, its operation is restarted in 2010.

In addition, with the building permit of 2007, a change of use is made in the basement, which is converted into a main use area, while now the real capacity of the hotel is set at 108 rooms and 239 beds.

Source: Capital

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