Hotel for Sale

This property offers multiple possibilities; it can be a residential apartment building, a three-story home, or even an office building. Originally built as a single-family home, it features 272,9 square meters of actual living space across three levels. The house includes four bedrooms, two large living rooms, a cinema area, a dining room, and an American-sized kitchen. Each floor has its own front balconies, with a large patio overlooking the gardens of the Red Cross Hospital, additionally the property offers a private view in the heart of Athens. One of the key features of this property is the quiet road in front, which functions almost like a private street with single-lane traffic not exceeding 10 km/h. It also takes advantage of the hospital's security which provides 24-hour protection, enhancing safety. The building includes with an additional cost 70 square meter ground floor store, currently vacant due to the sale of the building. This space can be retained as a retail store or converted into a parking area for three to four cars with additional storage. The building is of high-quality construction but requires a complete update. The fair pricing is based on the market value considering the type of property, location, age, size, and condition. In comparison to 67 similar properties in the area: • Average price is: €2685 per sqm • Starting price: €1324 per sqm • Highest average price: €4140 per sqm • Average build year: 1962 • Average size: 167 sqm • Average levels: 2 • Average bedrooms: 3.38 • Average parking availability: 19% For buildings under 400 sqm: • 43 properties for sale • Average price per sqm: €2576 • Starting price: €1521 per sqm • Highest price: €4081 per sqm • Average build year: 1968 • Average size: 228 sqm • Average rooms: 5.8 • Average levels: 2.68 There are many duplicate listings across both groups, which is understandable as sellers target both detached property buyers and those seeking multi-level buildings. What sets our property apart are its prime location, potential for division into separate residential units, option for parking or passive income from the retail store, good condition for its age, quiet street, and fair price. call us today for a private viewing 6948214567