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Traditional Hotel - Mansion in Peloponese  /  (Code: 1215103015)

Archontiko Leontari (Leontari Mansion - www.archontikoleontari.gr), built in 1869, has been characterized as a “traditional building to be preserved by the Greek Ministry of Culture. Completely restored in 2010 by an Architectural firm specializing in the restoration of traditional buildings, Archontiko Leontari was transformed into a small 4-star Hotel that retains the character and the feel of the original building.

 

Leondari Village is located between Tripoli, Kalamata and Sparti. Just a couple of hours away from Athens and half an hour away from Kalamata International Airport and Tripoli Airport, the location combines a mountain retreat, an area full of history (Karytaina, Dimitsana), religious destinations (Mystras) and easy access to the beaches of the Messinian Bay and the Bay of Kyparissia. Sport enthusiasts can enjoying winter skiing at mount Mainalo and rafting at Loussios river, both less than one hour away.

 

Historic financial data do not adequately reflect the hotel’s income generating capacity. The current owners – an Architect and a Civil Engineer – did not have the time run the hotel professionally. However, the took full marks as hosts, as evidenced by comments on www.tripadvisor.com.

 

If you are looking for a Mansion at the heart of Peloponnese, a traditional historic mansion restored to its previous glory, or a fully functional and equipped boutique 4-star hotel, Archontiko Leontari is an exceptional investment opportunity.

TRANSACTION TYPE

Asset Sale

 

 

REASON FOR SALE

Owners unable to run the business professionally

 

 

Financial data:  
Sales:
10.000 €
Profit:
1 €
Asking Price:
450.000 €
Down Payment :
Negotiable
 
For more information please contact us.

The financial figures presented in this section have been derived from the seller’s financial statements and/or form the seller’s tax returns and/or from seller’s representations. Recast profits (before interest, taxation depreciation and amortization) and sales have been normalized to reflect a typical fiscal year for the business.

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