Thiseio Luxury Boutique Hotel

Boutique hotel property in a prime location in Thissio, within walking distance of the Acropolis. Housed in a historic listed building dating back to 1900, fully restored and structurally reinforced, offering strong value-add potential through operational optimization and unutilized development rights. Development Rights: Approx. 800 sq.m. of unused building rights Subject to urban planning approvals Potential for vertical expansion or creation of additional spaces Outdoor Areas: Approx. 250 sq.m. landscaped garden with swimming pool Existing Layout 7 luxury suites (approx. 30 sq.m. each) Ceiling heights of up to 4.5 m Basement suitable for kitchen, wine cellar, spa or ancillary facilities Project Status: Restoration works substantially completed Remaining CAPEX: approx. €250,000 Sale on an as-is basis, offering flexibility to the investor Value-Add Potential: Addition of spa / wellness facilities Provision of treatments by licensed therapists, in accordance with applicable Greek regulations Estimated ADR: €450–550 per night Location Advantages: Immediate access to the Acropolis and the Thissio pedestrian zone Close proximity to key cultural and gastronomic destinations Quiet and high-quality residential area Limited supply of comparable assets Stable year-round demand