Hotel for Sale

Unique Investment Opportunity: 114-Room Hotel in Metaxourgio, Athens Location: Metaxourgio, towards Piraeus Street, Athens Building Size: 4,160 sqm on a plot of 778 sqm Closing Price: €6,500,000 (~€57,000 per room) Key Features: •11 levels, including 6 floors of guest rooms, a ground floor with a lounge cafe & bar, and a rooftop terrace with stunning Acropolis views •Basement with storage, mechanical facilities, and a multipurpose hall •Μezzanine with a restaurant and breakfast area featuring a professional kitchen •Outdoor parking with 8 spaces Property Details: •Built in 1976, fully refurbished for the 2004 Athens Olympics •Operated as a 3-star hotel until 2012 •Requires full refurbishment. Investment Potential: •High room count, a valuable feature in Athens' fragmented hospitality market •Proximity to 2 metro stations (Metaxourgio & Omonia) •Location in an up-and-coming area with numerous redevelopment projects promising significant returns Additional Opportunity: Combine this purchase with another hotel in the area, increasing the total room count to approximately 200. ➡️ For information or property visits, call +30 6973305656. [The location of the property on the map, and any address automatically displayed by the platform, indicate the neighbourhood alone, and do not depict the property's exact address.]