Building for Sale

Historic Hotel in the Heart of Volos – A Rare Investment Opportunity This property is a hidden gem located in the center of Volos, next to the port. An untapped diamond, this two-story building with protected heritage status offers incredible potential for a variety of uses. The building is located on Dimitriados Street, one of the most central and busiest areas of the city, between Rozou and Solonos Streets. It occupies a prime location near the port, making it a highly valuable investment. Its flexibility makes it ideal for various commercial purposes, such as a hotel, retail store, offices, or other business activities. Don’t miss this exceptional opportunity to acquire a piece of Volos' history in one of the most central areas of the city. Listed Building for Sale in the Center of Volos (Dimitriados & Solonos Streets) This is a unique and iconic building over 100 years old. The property consists of: Ground Floor: A total area of 173 sqm, which includes three shops: One with a facade on Dimitriados Street (66 sqm). Two with facades on Solonos Street (35 sqm and 25 sqm). The shops have a clear height of 5.6 meters, ideal for creating functional mezzanines. First Floor: A total area of 173 sqm, currently arranged as rooms and auxiliary spaces for a hotel, with a height of 4 meters and potential for renovation. Attic: An area of 55 sqm, with three spaces that can be freely configured. The attic is connected to the roof terrace, which serves as an open-air space of 99 sqm. Features & Condition The building requires complete renovation while strictly maintaining its exterior characteristics. Interior alterations are allowed for functional purposes. It has full structural integrity, and any alteration of its architectural and morphological elements is prohibited. Investment Opportunity This building represents an excellent investment because: It is located in a strategic area of the city. The potential rental value of the ground-floor shops, after renovation, is estimated at over €3,000 per month. The first floor and attic can accommodate a variety of commercial or tourist uses. The roof terrace can be utilized as a roof garden. It is eligible for renovation funding through the ESPA program for listed buildings. A complete study documenting the current condition of the building is included. Sale Price: €790,000