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(Visited 20 times, 1 visits today)
  • Transaction / Assets
    Lelakis Hotel on Agia Fotia Beach, Crete
  • Seller
    na
  • Buyer
    na
  • € MM
    4.5

Lelakis Hotel in Sitia sold for €4.5 m

The unfinished hotel complex, which is located on the beach of Agia Fotia in Sitia, Crete passed into new ownership with the amount of the award amounting to €4,9 m. For several decades, the unfinished complex sank in the deterioration of time, natural phenomena, and abandonment.

The property includes a land plot of 185.640 sq.m. on the well-known beach of Agia Fotia. On the in the northern coastal part of the plot there is an unfinished hotel of 12765 Sq.mm., and on the western part there are 5 bungalows with a total area of 600 sq.m.

Original Source: Capital.gr

Adaptation/Summary: Kiki Athanasiadis

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