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Varia, Lesbos, Northern Aegean islands, Greece

Hibiscus Ventures LTD, UK
4,736 sq. ft.
(440 sq. m.)

Key features

  • Seafront location / sea views
  • Ongoing profitable business / hotel - bar - restaurant
  • Resently updated / renovated
  • Close to the airport
  • Close to the port & town of Mytilini
  • Gardens
  • Roof garden

Property description

About the Property

VIGLA BEACH HOTEL (EPE Company, Limited Liability) which is sold as a fully operational business is located in Varia on the beautiful island of Lesvos, Greece.

The Vigla Hotel was built in 1987 at the seafront of Varia and it has recently been updated and renovated. It is located (on the main road to the town, port and airport of Mytilini), a mere 2.5 kilometres from the town , port and historic castle of Mytilini and very close to the airport.

It comprises of 440 m2 of buildings with 2 storeys. There are 260 m2 of marble paved outdoor areas and gardens where guests can enjoy their refreshments and admire the view of the pier and sea. In total the whole property is 700 m2. The hotel has a beautiful roof garden which overlooks the breathtaking stone pier of Vigla Varia.

The hotel features 15 fully furnished rooms, a beautiful bar made of expensive oak wood, restaurant, and terrace. It has an official B class status for its bar and restaurant and C class category for the rooms even though the quality of the rooms fulfils B + class criteria. Each room benefits from en suite bathroom facilities (shower), telephone, central heating and balcony. All Utilities are connected.

Crystal clear beaches, tavernas and bars are all nearby. It is located within walking distance of the popular Theophilos Museum and the 'Teriade Museum '. It is also within walking distance of the Aegean University main campus.

The hotel operates all year round and has an excellent clientele with the potential of greater business expansion in the future. The hotel's proximity to the university (app. 3500 students ) ensures that part of the hotel's current clientele are family and friends of students studying at the university. The hotel also has a large Turkish clientele since Mytilini is only 9km away from Turkey with regular ferry connections between Mytilini and Ayvalik.

The number of Turkish tourists visiting Lesvos has increased in the last two years to record numbers (100% increase from 2012 to 2013 ) . The Vigla Beach Hotel is an ideal choice for Turkish visitors many of which choose to stay in, or close to, the town of Mytilini.

This hotel is being sold due to family reasons. It is a terrific investment opportunity with great future potential. It is also suitable to be run as a casino or even a nursing home.

About the Island

Lesbos is a beautiful, tranquil and unspoilt by mass tourism Greek island . Visitors from all over the world are enchanted by its traditional charm and hospitality. With at least 10 hours of sunshine every day of the year, Lesbos has to be the sunniest place in Europe.
It is the 7th biggest of all Mediterranean and the 3rd biggest of all Greek islands with a stretching coastline of 320 km. The island is 70 km in length, 45 km in width with a geographical mass of 1630 sq. km. Situated on the North East Aegean Sea, 180 miles from Athens and 8-10 miles from Asia Minor it is populated by about 110.000 people. Among this number there are people from all over Greece as well as 4.500 Uni students in the University of the Aegean who keep the capital Mytilini vibrant
It is the perfect destination for any traveller who wants to experience the authentic Greek island life, without being worried if there are enough things to do. People in Lesvos have kept tradition alive in towns and villages despite living thoroughly modern lives. The island of Lesbos is almost self sufficient. The variety of landscape, the award winning sand and pebble beaches of every size and description, the mild climate and long hours of sunshine all year round, the rich historical, cultural and spiritual perspective, make LESBOS an island of many options and all seasons. Lesvos Island attracts artists, nature lovers, fans of alternative/traditional living and pensioners who seek a home away from home.

Mytilini is the capital of the island and the main gate to Lesvos currently populated by about 30.000 inhabitants. It is one of the oldest towns in the Aegean Sea with a rich historical and cultural past, founded in early 10th Century B.C. Resent excavations have revealed ruins from all its periods - archaic, classic, Hellenistic, Roman and Byzantine and they also show that it was built on seven adjoining hills.

It spreads amphitheatrically within two ports and with many neoclassical buildings adorning the neighbourhoods, right across the coastline ending at the airport. Some of these renovated buildings house various civil services such as the Ministry of the Aegean, the Court of Justice, the District of the North Aegean, the Prefecture etc.
There is a castle located on the north side of Mytilini and overlooks the city. It is one of the largest in the eastern Mediterranean. It's foundations were laid during the time of Justinian on the ruins of an even older fortification which can still be seen in sections of the walls. It has been used and rebuilt by the Romans, Byzantines, Venetians and the Turks and is now used in the summer for cultural events for example a concert by the Scorpions, or local opera singer Joanna Karvelas.

There is a Roman or Byzantine reservoir with a 4,000 cubic meter capacity. There are also underground tunnels which cover a large area beneath the castle and the hill.
When approaching Mytilene by the sea at first glance you are attracted by the view of the sprawling Castle and the Statue of Liberty towering over the port.

Notable historical monuments such as the Ancient Theatre can be found all over the city. The theatre was built on the pine clad hill of Agia Kyriaki at northwest of Mytilene during the Hellenistic period with a seating capacity of 15,000 and perfect acoustics. According to tradition, the Roman Emperor Pompey during his visit to Lesvos decided to build one just like it in Rome.

Nowadays Mytilene is a vibrant, busy city, living a modern life to the full with high numbers of the younger generation due to the 4000 University students, studying at the University of the Aegean. It has a busy town centre with its associated traffic challenges and variety of shops catering to diverse requirements. There is also lots of choice for nighttime entertainment to satisfy all the choices, moods and tastes of the crowd.


Two Archaeological Museums,
The Museum of Byzantine Art,
The Folk Art Museum,
The Traditional Lesbian House,
The Yeni Jami
The magnificent Churches of Agios Therapon & Agioi Theodoroi
The Cathedral of Agios Athanasios.

The surrounding area outside of Mytilene in some places is covered with the silver green blanket of olive-groves and in others by pine forests. Lovely beaches unfold along the coast and invite any traveller to relax in the hot Lesvian sun savouring the crystal clear Aegean. Heading south towards the airport and ending up north of Mytilene, you can "loop the loop" around the peninsular of Amali - from Varia to Pamfilla - and visit the many picturesque villages, each one with its own identity.

About Us

HIBISCUS VENTURES LTD is a UK registered company (date of registration 19.01.2012/ Company No 7916294) and the successor of HIBISCUS REAL ESTATE SERVICES, an active and successful Estate Agency in Lesvos (Lesbos) - Greece since 2002 and until it handed over business to HIBISCUS VENTURES LTD in February 2012.

WE are a Family run estate agency with offices in UK and Lesvos (or Lesbos)-Greece specialising in:
Buying & selling of properties,
Renovation /restoration of old properties and
Construction of new properties, in Lesvos mainly but not exclusively.

The focus of our business is: "to provide a very personal service and always assist our Clients in the best way possible in order to make their dream of owning property in Greece a reality". Our Clients
are happy to say that we are very good at doing exactly that.

We are highly and effectively networked and in conjunction with associated professionals we offer you a complete service: from finding your dream property or business in the Greek Islands to making it your own.

We operate strictly a "no pressure sales policy" and offer a full pre & after sales service as well as advice on investment purchases and mortgages.

Our offer to communicate with you on the telephone (after your initial e mail inquiry) is not a "pressure sales tactic" but simply a way to better communicate directly with you and establish your requirements so we can be better able to assist you in your search for your ideal property. Similarly we do value a feedback reply from you after we reply to your initial enquiry. It helps us to measure our effectiveness and improve our services. YOU are the only ones that can help us achieve that with your feedback.

WE have a full portfolio of properties to tempt you with (from resale properties, including apartments, town or village stone houses, villas, commercial properties, country houses, olive groves, seafront land to brand new and off plan opportunities) but we can also source properties to match your individual requirements.
Client visits and viewings are by appointment only.


Take a look at our website for information, on more property listings but better still tell us what you require and we will do our level best to find it for you. If you don't see what you are looking, it does not mean that it doesn't exist. Let us know your requirements and we will do our very best to LOCATE IT FOR YOU.

If you require further information or a tailor made property search conducted, please do not hesitate to contact us by mailing via our web site Or by calling 03339395510

Hibiscus Ventures Ltd After Sales Care

Once you've bought your property traditionally everything else is up to you even though you maybe unsure of what's happening or is required and then once you've moved in you have to find your own way around an unfamiliar place.

However at HIBISCUS, buying your property is only the beginning of your relationship with us. We are available to you at each stage if you wish to retain our services; you will receive a level of personal service that is second to none. WE are locally based and can therefore use our local knowledge and our extensive personal experiences to efficiently assist you with your purchase/investment and renovation or construction projects.

From your first contact with HIBISCUS you will feel well looked after. We speak excellent English and Greek and we can also communicate in French and Israeli if required, so language should not be a barrier between us. We are always in hand to help with any problems, answering your questions, and providing you with anything you may require, for example:

Opening a Greek bank account
Liaising with property developers, throughout the construction period if the purchase is off plan
Getting quotes for any additional works that you've asked for from trusted suppliers & tradesmen.
Renovation project managing
Assist in organising insurance, utilities, furniture and schools if you need them
Guidance / assistance with property rental opportunities
Absent Landlord Services
Arrange your hotel and car hire for moving in day
Be there for YOU for any problems that may arise


BY EMAIL via our web site :

ON SKYPE AT: dimitra_hibiscus


Mobile: 00 44 783 142 6192 &
00 30 694 5479 697

Varia, Lesbos, Northern Aegean islands, Greece

Approximate location
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About the agent

Hibiscus Ventures LTD, UK

585a Fulham Road, London SW6 5UA

Hibiscus Ventures LTD, UK

About Hibiscus Real Estate Services

HIBISCUS VENTURES LTD is a UK registered company (date of registration 19.01.2012/ Company No 7916294) and the successor of HIBISCUS REAL ESTATE SERVICES, an active and successful Estate Agency in Lesvos (Lesbos) – Greece since 2002 and until it handed over business to HIBISCUS VENTURES LTD in February 2012.

WE are a Family run estate agency with offices in UK and Lesvos (or Lesbos)-Greece specialising in:

Buying & selling of prope

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This is a property advertisement provided and maintained by Hibiscus Ventures LTD, UK (reference HV01VarAM) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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