New
Hotel building 3.564 sq.m. in Metaxourgeio Omonia Athens centre
€5,500,000
- 82 Bedrooms
- 82 Bathrooms
- ~3,564 m² Total surface
- ~3,564 m² Living area
Description
Hotel building of 3,564 sq.m. with a southeast-facing façade, located in the heart of central Athens, in a strategic position between the Metaxourgeio and Omonia areas, and in immediate proximity to Agiou Konstantinou Street. The property is situated within one of the most active and rapidly evolving urban submarkets of the city centre.
The building is developed over a ground floor and seven upper levels, featuring a well-structured and efficient layout. The top three floors are set back, creating generous outdoor spaces and offering views towards the dome of Agios Konstantinos, enhancing the character and overall experience of the property.
The asset previously operated as a hotel and benefits from a clean title with no encumbrances. Its hotel use can be reinstated following renovation and the necessary licensing procedures, within an area of central Athens undergoing significant urban and investment transformation.
The property is targeted at investors and developers seeking a substantial value-add opportunity in one of Europe’s fastest-growing hospitality markets, driven by strong demand from tourism, short-term rentals, and urban hospitality redevelopment projects.
BalconyTerraceElevatorGuest toilet
Property details
- Object type
Investment
- Bedrooms
82
- Bathrooms
82
- Floor
1
- Number of Floors
7
- Total surface
~3,564 m²
- Living area
~3,564 m²
Energy efficiency information
- Construction year
1966
- Energy efficiency class
D
- Energy certificate available
Yes
- Energy certificate type
Consumption certificate
Location: Athens, Attica
Location: Metaxourgeio is a neighborhood in the northwestern part of central Athens.
Unique features: In recent years, several areas of the neighborhood have been upgraded as part of the overall redevelopment of Metaxourgeio. A distinctive feature of the area is its magnificent neoclassical buildings and picturesque pedestrian streets hidden in its alleys, which bear witness to its long history. The area is gaining a reputation as an artistic and modern neighborhood due to the galleries, museums, and contemporary restaurants and cafes that have opened in recent years. The heart of the neighborhood is Avdi Square, which attracts residents and visitors who enjoy the greenery. The square hosts festivals, and there are restaurants, theaters, and art galleries around it.
Accessibility: Metaxourgeio extends to the area defined by Konstantinoupolis and Diligianni avenues and Deligiorgi, Agios Konstantinos, Panagi Tsaldari (Piraeus), and Salaminos streets. It borders Gazochori, Kerameikos, the wider area of Omonia Square, Plato's Academy, and Kolonos.
It is crossed by the OSE underground railway network. The eponymous metro line 2 passes through Metaxourgeio.
Investment potential: Metaxourgeio is included in the Athens Archaeological Sites Unification Program (1998), making it particularly attractive to investors.
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