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Hostel for sale in Plaka, Athens. Situated in one of the most historical and touristic neighborhoods of Athens, this hotel of 840m² spreads over three levels and consists of 7 rooms with the possibility of 14 rooms and one suite apartment after renovation and upgraded into a boutique class hotel. The area of Plaka is one of the most attractive districts of Athens. Under the slopes of the Acropolis, Plaka attracts all visitors in Athens with its neoclassical mansions and houses with roofs of red tiles, its small winding roads with their steps, balconies with bougainvilleas, geraniums and jasmines. Built in 1930, it is an excellent investment opportunity in Plaka, where you can hardly find a hotel for sale. It offers stunning views from Acropolis to Lycabettus Hill and all the historical places in the surrounding area. It is close to metro stations, restaurants, cafes, banks and the open market. It is an art-deco-styled hostel, comprising of a full basement of 146m², a ground floor of 187m² and a first floor of 167m². It features an EOT license. The hotel has also a room for preparing breakfast, a reception area and an elevator. It has been characterized as a listed property. There is the possibility for the number of rooms to increase to 14 plus 1 suite apartment, if the whole building is bought and used. It that case the hostel will be upgraded into a boutique hotel and its selling price is 5.000.000euro. All floors are being connected via a stylish art deco interior staircase made by wood and marble! The hotel business with the half of the building is sold for 3.000.000 euros, while there is an option to buy the whole building of 840m², lying on a 345m² plot for 5.000.000 euros. Do not waste any more time, grab this chance NOW!