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Property For Sale Or Rent: Boutique Hotel - Private Residence Custom-Built On Aegean

Greece, Aegean Islands

Pythagorio, Samos
North Aegean Islands 83103
Greece

Property for sale: $1,200,000 USD (Negotiable)

Hotel For Sale in Pythagorio, Samos, North Aegean Islands Greece

For Sale: This is a rare opportunity to own a Neo-Classic style, comfortable hotel on the beautiful island of Samos, Greece in the North Aegean Islands. Situated in the picturesque, historic town of Pythagorio, just a 5-minute taxi ride from the airport, this white stucco beauty is on land measuring 200 square meters (2150 square feet).

For Sale: This is a rare opportunity to own a Neo-Classic style, comfortable hotel on the beautiful island of Samos, Greece in the North Aegean Islands. Situated in the picturesque, historic town of Pythagorio, just a 5-minute taxi ride from the airport, this white stucco beauty is on land measuring 200 square meters (2150 square feet). Construction and materials are top-of-the-line, and the building has been scrupulously maintained over the 10 years since it was built. In fact, oneâ€™s impression on entering is that itâ€™s brand new. The hotel has four floors and 11 guest rooms. The top floor is a 3-bedroom air-conditioned owners' suite, with a spacious bathroom, living/dining/kitchen area, 3 openable skylights, and large windows on two sides looking out onto a terrace of 15 square meters. Each of the 11 guest rooms boasts a private shower, private balcony, two single beds (attached, with orthopedic mattresses), ceiling fan, small refrigerator, TV, phone, three-channel music line, and connections for heat and air-conditioning. All rooms have Italian tile floors and stunning views of the sea and mountains. The entire hotel has Danish style custom-made furnishings, all in excellent condition. Solid wood doors, insulated brick walls on the interior as well as the exterior, and sound-proofed floors provide quiet and privacy. The ground floor has a lounge, breakfast room, kitchen, 2 rest rooms, and laundry room. The entire building is shuttered with custom hardwood shutters that are louvered at the top to provide air circulation.

The hotel opened for business in 1996 and enjoyed 100% occupancy for several years. The room-renting license is still in effect. Now ready to sell, this prime piece of real estate can become a Boutique Hotel, a Bed and Breakfast, or a single family retreat in a very special, magnificent location. Please note that structurally the interior walls can be removed in order to have spacious rooms for a single family home. From the hotel, it is a short walk down to the center of Pythagorio, which is the most quaint harbor town on Samos with a substantial waterfront area and walkways lined with restaurants serving up local specialties and fish just pulled from the sea. There are also shops that cater to every need. Beaches abound in sand and stone and all of the water surrounding the island is clear and inviting. During the remainder of April and most of May, the seller is in Athens and can personally escort you through the property. For further information or viewing, please contact:

US: 718-398-2500

Property Summary

Offered by		Agent
Construction Year		1996
Area		2,150 Sq. Ft
Bedrooms		14
Bathrooms		12
Stories		4
Features		Furnished, Appliances, Laundry Room, Balcony, Patio, Ocean View, Mountain View, Ground Floor : Lounge Area, Breakfast Room, 2 Rest Rooms, Kitchen, Laundry Room, First Floor: Reception Area And 5 Guest Rooms, Second Floor: 6 Guest Rooms, Third Floor: 3-Bedroom Apartment With Spacious Bathroom, Living/dining/kitchen Space, And Terrace, Construction:, Insulated Brick Walls Interior And Exterior, Soundproofing In Floors, Terra Cotta Roof Tiles From Chalkida, Gutters And Aluminum Downspouts, Custom Wrought-Iron Balcony Railings, Marble-Trimmed Tile Balconies, Marble Interior Stairways With Custom Iron Railings, Building Construction: When The Melidon Was Built By The Current Owner (who Is A General Contractor), Much Thought And Attention Was Given To Structural Solidity And Environmental Considerations. Two Architects Planned The Design And The Plans Will Be Available To View On-Line By 3-1-06. The Footprint Has Only Two Interior Structural Columns. All Other Support Columns Are Around The Perimeter. This Was Done So That In The Future, Should An Owner Want To Turn This Into A One Family Or Two Family Home, The Walls Between The Rooms Could Be Taken Down And The Space Opened Up, Without Running Into Support Columns That Would Break The Visual Fluidity Of The More Open Space. There Are Solar Panels On The Roof And Virtually All Hot Water Is Produced By These Panels. This Substantially Reduces Ongoing Electrical Costs. The Floors Of The Hotel Are Cellular Concrete Construction Built To Withstand An Earthquake Up To 7.8 On The Richter Scale., Water, City Water Supply, Water Reservoir Of About 10 Cubic Meters, Central Water Filter, Top-Of-The-Line Solar Water-Heating Equipment With Electric Water Heater For Backup, Imported German Copper Piping For Hot & Cold Water Lines, Pvc For Drain Pipes, Electrical, 6 Safety-Recessed Receptacles Per Guest Room Including 2 Heavy-Duty, Outside Light On Each Roomâ€™s Balcony, Heating / Air-Conditioning, Top-Floor Suite Has 18000-Btu Air Conditioner, Guest Rooms Have Copper Piping In Walls, Ready For Heating/air-Conditioning Units (central Unit Would Also Need To Be Installed), All Room Have A Safe Or Lock Box., Ground-Floor Kitchen, Custom-Designed Oak Cabinets, Siemens Appliances: Ceramic Stovetop With Outside-Vented Hood, Built-In Refrigerator, Dishwasher, Laundry, 2 Ge Washers And One European Washer, 1 Sheet Presser, Supply Of Top-Quality American Sheets, Towels, Blankets, And Pillows; More Than Sufficient For Full Occupancy, Ample Storage Closets In Halls, Orthopedic Mattresses In Guest Rooms, Hotel Rating: The Melidon Hotel Is Rated Class A*** (three Star) Bed And Breakfast. Because Of The Rating, The Taxes And City Filing Fees Are Much Less Than The Commercial Hotels Which Are Larger. Each Year There Is A Filing Fee Paid To The City For Each Room, A Seasonal Start-Up Fee, And A Business Administration Fee. You Can Go Via The Internet To The Greek Ministry Of Tourism To Find Out The Filing Fees For 2006. There Is No Property Tax Paid On Samos., Transportation To Samos: At Least Three Flights A Day Land On Samos And The Flying Time From Athens Is Only 45 Minutes. This Makes It An Easy Commute From The Mainland And From Other Islands., Island Amenities: The University Of The Aegean Has A Special Mathematics Department On Samos.,