Hotel For Sale Aegina Island Greece

Property Description

Pigadilly Hotel is a waterfront 57-room fully functional class 2* hotel, situated on the Greek island of Aegina, part of the Saronic Gulf, along the beach of Agia Marina. The property also comprises of a bar, restaurant and pool.

Agia Marina is situated just a short ferry ride (Flying Dolphin) from the Port of Piraeus and within close proximity to Athens, allowing Pigadilly Hotel to serve as an ideal destination for a quick holiday, or first stop prior to exploring the Greek Islands. The area offers the largest sandy beach of the island of Aegina. Its shallow and clear waters make it ideal for families with young children.

During peak season, from mid-May until the end of September, sun-beds, umbrellas and a variety of water sports are available for hire along the beachfront. Excluding those within the hotel, there are numerous other bars, restaurants, taverns and cafes operating within immediate proximity of the hotel, where visitors can rest and enjoy the warm sun and calm sea view. An additional peak period is also experienced during October to coincide with the Agios Nektarios Festival, popular with many Greek, Russian and Romanian Orthodox faithful. Off peak season offers visitors a great climate and a relaxed stay.

In addition to the current configuration and operation as a hotel, architectural plans and 3Ds are available for conversion to luxury apartments. A pre study for this project is available for review.

The acquirement of this property by a non European citizen would entitle the purchaser to obtain permanent residency in Cyprus and EU citizenship for numerous parties.

This property offers an astute investor or hotel operator endless scope. Please contact our office for further information regarding this unique opportunity.