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Hotel for Sale

Gazi - Metaxourgio - Votanikos
€ 5,500,000
3,670 m²
3+ bathrooms

Note

Listing updated on 12/21/2024
Description

This description has been translated automatically by Google Translate and may not be accurate

reference: EK-8121999

Exclusive Hotel Investment Opportunity in Central Athens (Omonia) Location: Omonia Area, Athens Central Building Size: ~3,670 sqm (GEA) on a plot of ~485 sqm Closing Price: €5,500,000 (or ~€67,000 per room) Key Features: -7 levels with 82 rooms, plus ground floor, mezzanine, basement (~180 sqm), [and rooftop levels]. -Facilities include a bar, restaurant, event halls, and rooftop terrace. -En-suite rooms with private balconies. Building Details: -Built in the 1970s, and fully refurbished for the 2004 Olympic Games. -Vacant since 2012, requiring refurbishment due to vandalism. -Solid structure in a prime location, just a 5-minute walk from Omonia Metro Station. Investment Potential: -Rapidly regenerating area with increasing demand for hospitality services. -Proximity to shops, services, and major city attractions. ➡️ Don’t miss this unique opportunity to acquire a prime asset! Note: There is also the potential of combining this purchase with another hotel in the broader area, which would raise the total number of rooms to approximately 200. An exclusive proposal by Cobalt SPI with a closing price of 5.5 € Μ for the real estate asset. For information and to arrange a property visit, please 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.]
Features
Contract
Sale | Income property
Type
Hotel
Surface
3,670 m²
Rooms
3+ bathrooms
Floor
7° floor
Total building floors
7 floors
Car parking
8 in shared parking
Availability
Available from 21/12/2024
Other features
  • Cellar
Price information
Price
€ 5,500,000
Price per m²
1,499 €/m²
Discover every corner of the property
+16 photos
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