Hotel for Sale

SYNTAGMA AREA: A luxury hospitality project in one of the best preserved eclectic buildings of Athens is up for sale. At the finishing stages of a state-of-the-art refurbishment towards 7 luxury suites with capacity for 17 guests, the unit exhibits contemporary design in the ambience of late-19th century high ceilings and beautiful detailing. The property is located on the axis connecting Syntagma to Monastiraki and could easily be operated independently, or act as a suites' annex for one of the larger hotels in the area. The location, quality of architectural design, and resources invested so far in the project are reflected in the asking price. This little gem has the capacity to perform super well and rip the overheads anticipated in the luxury hospitality market of Athens. There are numerous coffee-shops, and restaurants in the vicinity, along with high quality retail shops, art spaces and entertainment. Only 5 min walk from the Syntagma Metro Station, at the very heart of the Historic Center of Athens. Definitely worth exploring while available! An exclusive concept by Cobalt SPI at €3.175 M for the for the company holding the freehold right. For details and to arrange your viewing, please call 6973305656. [The location of the property on the map, and any address automatically displayed by the platform, are indicative of the neighborhood alone and do not depict the property's exact address.]