Hotel renovated to German specifications, with 13 apartments, idyllically situated in the south of Corfu.

Name: Konstantin Korakas Immobilien
Address: Alpenrosenstr. 5a, Gröbenzell, BY, 82194, DE
Telephone: +49 8142/4401880

PropNo	C3308
Hellasproperty	Yes
Type of use	Commercial
Type of commercialization	Purchase
Type of property	Hotel/Gewerbe
Kind of property	Hotels
Postcode	49100
City	Korfu
Country	Greece
Additional geographical information	Korfu
Usable area	642 sqm
Total area	642 sqm
Plot size	3.987 sqm
Number of rooms	32
Purchase price	1.270.000 €
External commission	3,57% vom Kaufpreis inkl. MwSt.
Currency	€

PropNo	C3308	Hellasproperty	Yes
Type of use	Commercial	Type of commercialization	Purchase
Type of property	Hotel/Gewerbe	Kind of property	Hotels
Postcode	49100	City	Korfu
Country	Greece	Additional geographical information	Korfu
Usable area	642 sqm	Total area	642 sqm
Plot size	3.987 sqm	Number of rooms	32
Purchase price	1.270.000 €	External commission	3,57% vom Kaufpreis inkl. MwSt.
Currency	€

Property description The hotel was completely refurbished in 2021 in accordance with German building regulations, as the owners have German roots.

It has the following levels:

-Ground floor with approx. 285.5 m² and 5 apartments (including 3 x 2-room apartments with bathroom and 2 x 3-room apartments with bathroom).

-1st floor with approx. 150 m² with 4 x 2-room apartments and bathroom.

-Top floor with 4 x 3-room maisonette apartments on the top floor; 2 of them have 2 bathrooms each.

The rooms are almost as good as new with selected materials and a high standard of construction.

In the garden there is a further 20,000 liter cistern where the rainwater from the roofs is collected to be used for watering the garden. Garden irrigation completely automatic via control system.

All suites are prepared to have their own electricity meter as well as water meters and heat meters for heating or cooling. Thus, nothing would stand in the way of a declaration of division and permanent rental or separate sale of the suites in the future. Location: The hotel is located in the quiet south of the island, surrounded by olive groves and idyllic sandy beaches. It is the perfect place for an uncomplicated feel-good vacation with authentic Greek flair.

It is located in Lefkimmi in the south of Corfu, within walking distance of about 700 meters from the property you can reach an almost deserted small sandy beach with crystal clear water. You can also get on your bike and cycle to the sea. Good restaurants, tavernas and cafés await you in the village. In the surrounding area, beautiful excursion destinations and quiet sandy beaches with crystal-clear water invite you to explore and enjoy a relaxing swim.

The property was completely renovated and refurbished in 2019 and 2020. The air-conditioned accommodation boasts high-quality furnishings, a homely ambience and comfortable outdoor seating.

Equipment: Heating and cooling with 2 heat pumps one for the left half 9KW nominal power (27KW efficiency) and one for the right half 7KW nominal power (21KW efficiency) of the building, in all living rooms and bedrooms of the building individual with fan coil always all separately controllable.

Hot water via other heat pumps also left and right separately with 1.5KW each and each 800 liter hot water tank supported by solar on the roof with another 400 liter hot water tank.

Service water primarily a collection cistern of the community water under the veranda as this is always turned off in summer from 45,000 liters with high-quality Grundfos Silent submersible pumps and control control for the pressure requirement so that the correct water pressure is always available everywhere no matter how many taps are turned on in the house.

Also one pump for the left half and one for the right half of the house.

Last year we installed a reverse osmosis system for the house, which means that the water is of drinking water quality everywhere and is heavily decalcified. Others: 2-storey in typical Greek skeleton construction built at the time.
Between 2019 and 2021 complete core renovation investment volume with pool area and gardens approx. 800.000€ investment volume.

Only the concrete pillars and load-bearing walls have remained standing, as well as the construction of the 3-storey kneeling floor 110cm and gable roof. The exterior is all brick and mostly with 5cm XPS insulation between the walls. Roof covered with Frankfurt tiles.

Roof to German standard with 20cm intermediate rafter insulation stone wool plus 4cm intermediate batten insulation and vapor barrier inside. First floor interior walls separating the suites with bricks, the rooms of the suites themselves with plasterboard, always 2-ply.

Double-walled in some cases, if appropriate and necessary, and always with acoustic insulation in between.

Your contact person

Mr. Dipl.-Ing. Konstantin Korakas
Phone +49 8142/4401880
Mobile +170 189 2790

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info@hellasproperty.com
Tel.: +49 (0) 8142 / 44 01 880

Hotel renovated to German specifications, with 13 apartments, idyllically situated in the south of Corfu.

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