Thiseio Luxury Boutique Hotel

Located in the Thisio district, just a short walk from the Acropolis, this boutique hotel project is set within a neoclassical building standing on a beautiful pedestrian street and it is surrounded by a big garden . Currently under construction, the development is designed as a high-end hospitality property focused on privacy, quality, and guest experience. The hotel includes seven luxury suites of 30 square meters, a private wine-tasting room, a lounge and restaurant, a quiet garden with a pool, and a rooftop gym with panoramic city views. 6 new rooms can be added to the existing building to double the revenues. It is planned as a lifestyle destination offering an elegant and relaxed atmosphere. The property has full construction and engineering permits, hospitality and F&B licenses, and smart infrastructure systems already installed, including VRF air conditioning. The rooftop allows for future expansion such as a spa, lounge, or other facilities, with all plans and studies already completed. There is a remaining building factor of 850 sq.m from which the 250 could be built in the existing plot. With projected occupancy of 85% and an average nightly rate of €500, estimated annual revenue reaches €1,085,000, with operating costs of €213,000 and a projected net profit of €872,000. The concept also includes a members-club element for private events and gatherings, adding a steady source of recurring income. This neoclassical hotel project offers a unique investment opportunity in the most sought-after area of historic Athens.