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
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.