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A distinctive hospitality investment in Omonoia

€4,900,000
  • 32 Bedrooms
  • 28 Bathrooms
  • ~1,130 m² Total surface
  • ~1,130 m² Living area
  • ~280 m² Plot surface
  • Construction year 1959

Description

In a prime and rapidly developing location in the heart of Athens, just 300 metres from Omonoia Metro Station, a major transport hub, stands an impressive serviced apartment building that combines contemporary aesthetics with the highest standards of functionality.

This standalone, four-storey property boasts a total surface area of 1,130 sq.m., complemented by an additional 320 sq.m. of basement space for exclusive use. It comprises 20 fully furnished, self-contained apartments. Incorporating subtle references to Athens’ classical heritage, the interiors have been thoughtfully designed with an emphasis on comfort, ergonomics and delivering an enhanced accommodation experience for the modern traveller.

Each apartment features a modern, fully equipped kitchen with all essential electrical appliances, including a refrigerator, dishwasher, washing machine, electric hob, oven and extractor hood. The building benefits from a high energy efficiency rating of B, thanks to the installation of individual heat pumps, modern heating and cooling systems, and independent utility meters that allow for optimal control of operating costs. Additional amenities include a modern lift and an inviting rooftop terrace with a pergola, ideal for relaxation while enjoying views of the city.

The property’s strategic location provides guests with quick and convenient access to Athens’ most important cultural landmarks, including the Acropolis, Monastiraki and the Historic Centre. Already operating with full tourism and hotel licensing issued by the Greek National Tourism Organisation (EOT), the property represents a turnkey and highly attractive investment opportunity in the hospitality sector, offering immediate operational potential and strong prospects for returns in Athens’ dynamic tourism market.

Features
Air-conditioningBalconyBasementTerraceElevator
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Engel & Völkers Athens MMC

Your advisor: Julia Lagou

Property ID: W-04C6AI

Property details
  • Object type

    Semi-detached house

  • Bedrooms

    32

  • Bathrooms

    28

  • Number of Floors

    4

  • Total surface

    ~1,130 m²

  • Living area

    ~1,130 m²

  • Plot surface

    ~280 m²

  • Usable surface

    ~1,450 m²

  • Flooring

    Tiles

Energy efficiency information
  • Construction year

    1959

  • Energy efficiency class

    B

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Energy source

    Electric heating

Location: Athens, Attica

Location: Omonoia is the entire area around Omonoia Square and is located right in the center of Athens, and several main avenues such as Panepistimiou, Stadiou, Agios Konstantinos, 3rd September, Piraeus and Athinas start from there.

Unique Features: In recent years, the area has received tremendous development, resulting in several hotels opening in the area, while a plethora of commercial businesses are also active.  

Unique Features: During the recent years, the area has received tremendous development as several hotels are opening, while a plethora of commercial businesses are also active. 

The general upgrade of the area through various projects is not only related to the tourism sector as several shops and restaurants are about to open in Omonia.

Moreover, there are many notable buildings in the area such as the former “Bageion” and “Megas Alexandros” historical hotels as well as the emblematic Hondos Center department store.

Accessibility: Omonoia is very well connected to the rest of Athens as it has a metro line and an electric train station. Also, there are several bus lines that serve the area.

Investment Opportunity: This area is located right in the center of Athens, an area that always has a lot of interest from buyers. This is a very interesting location, very close to the center of Athens.

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