Hotel 2* in Athens City Center – Investment Opportunity
€1,950,000
31 Rooms
31 Bedrooms
31 Bathrooms
~1,030 m² Total surface
~1,030 m² Living area
~170 m² Plot surface
Completion expected January 2026
Description
A 2-star hotel is offered for sale in a prime location in the center of Athens, just below Omonia Square, in a rapidly developing area with strong investment interest.
The property was constructed in 1971 on a 170 sq.m. plot and is developed over five floors, with a total built area of 1,030 sq.m. It comprises 31 guest rooms and includes a lobby and a breakfast area on the mezzanine level.
The hotel is in full operation, with all areas being regularly maintained and upgraded, offering immediate exploitation without the need for additional investment.
Beyond its current hotel use, the property presents significant additional investment potential, including conversion into apartments or the creation of independent residential units suitable for the Golden Visa program, subject to the necessary permits and approvals.
Its strategic location provides direct access to metro stations, public transportation, and the city’s major landmarks, making it an ideal option for both tourism and residential investment.
An excellent opportunity for investors seeking an operating hospitality asset with upgrade potential and strong value appreciation prospects in the historic center of Athens.
Location: Omonoia is the entire area around Omonoia Square and is located right in the center of Athens, with several major avenues such as Panepistimiou, Stadiou, Agios Konstantinos, 3rd September, Piraeus, and Athinas.
Unique Features: In recent years, the area has undergone tremendous development, resulting in several hotels opening in the area, as well as a plethora of commercial businesses.
The overall upgrade of the area through various projects does not only concern the tourism sector, as several shops and restaurants are set to open in Omonoia.
The area is home to many notable buildings, such as the former Bagion and Megal Alexandros hotels, as well as the Hondos Center department store.
Accessibility: Omonoia is well connected to the rest of Athens, as it has a metro line, an electric railway station, and several bus lines serving the area.
Investment Potential: This area is located right in the center of Athens, an area that has always been of great interest to buyers with guaranteed returns on investment.
Nearby properties
These homes might interest you
View more
Piraeus, Attica, Greece
Modern investment building of 328 sq.m. in Kastella, Piraeus