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(Visited 263 times, 1 visits today)
  • Transaction / Assets
    Hotel in Benitses, Corfu
  • Seller
  • Buyer
  • € MM

Grande Mare Hotel in Benitses, Corfu was sold at auction

After numerous attempts in the past the 5-star Grande Mare Hotel Spa & Wellness, located in the popular location of Benitses, Corfu, was finally awarded to a bidder. The award amounted to €5.89 m, one euro above the first bid price, which was reduced to 65 % of the amount originally set in the first auction attempt. The hotel complex includes 16 independent properties, which are built on a plot of land with a total surface of 22000 m². The property was rebuilt in 2002 and fully renovated in 2014. It has a capacity of 96 rooms and is located about 12 km from Corfu town. It consists of 4 room buildings and 1 reception building, all of which overview the sea.

Original Source: CorfuPress.gr

Adaptation/Summary: Kiki Athanasiadis