This centrally located property, just steps from Omonia Square, presents a rare opportunity for hospitality development in the heart of Athens. Ideally suited for either a boutique hotel or a modern hostel, the building stands among the last available properties in the area, making it a highly attractive investment.
The building consists of a basement, ground floor with three retail spaces, three upper floors, and a rooftop room. One of the retail spaces is currently operating, while the remaining two are planned to be combined into a single commercial unit, creating additional income potential.
The property currently includes 30 rooms with shared bathrooms, along with a lobby and reception area, offering a strong foundation for a hospitality conversion or upgrade.
Investment Highlights
Expansion potential of up to 351 sqm, significantly increasing the property's development value.
Situated in an area experiencing significant revitalization and growing interest from both international and local investors.