Single-family detached house 354 m², Thiseio, Athens Historic Center

Located in the Thisio district, just a short walk from the Acropolis, this boutique hotel project is set within a neoclassical building standing on a beautiful pedestrian street and it is surrounded by a big garden . Currently under construction, the development is designed as a high-end hospitality property focused on privacy, quality, and guest experience. The hotel includes seven luxury suites of 30 square meters, a private wine-tasting room, a lounge and restaurant, a quiet garden with a pool, and a rooftop gym with panoramic city views. 6 new rooms can be added to the existing building to double the revenues. It is planned as a lifestyle destination offering an elegant and relaxed atmosphere. The property has full construction and engineering permits, hospitality and F&B licenses, and smart infrastructure systems already installed, including VRF air conditioning. The rooftop allows for future expansion such as a spa, lounge, or other facilities, with all plans and studies already completed. There is a remaining building factor of 850 sq.m from which the 250 could be built in the existing plot. With projected occupancy of 85% and an average nightly rate of €500, estimated annual revenue reaches €1,085,000, with operating costs of €213,000 and a projected net profit of €872,000. The concept also includes a members-club element for private events and gatherings, adding a steady source of recurring income. This neoclassical hotel project offers a unique investment opportunity in the most sought-after area of historic Athens. Named after Theseus, the mythical king of Athens, Thissio, just 1.5 kms from the city centre, is enviably one of the most charming neighbourhoods in Athens as it skirts the Acropolis and all the other ancient sites. Unique features: If ever there is a neighborhood where you’d feel the humbling sweep of history, it is Thissio. From the majestic views of the Acropolis to Pnyx Hill, where democracy was born, past the Stoa of Attalos and the National Observatory (which also hosts art installations), and the pedestrianized Apostolos Pavlou to admire it all from, Thissio is one of the most sought-after neighbourhoods in Athens. It is a peaceful Athenian middle-class neighbourhood with many cultural and edible treasures. Accessibility: Extremely well-connected by the metro (Thissio and Monastiraki stations), tram and bus services to the rest of Athens. The airport is 50 minutes to an hour away by express train and direct buses. Investment potential: This area is right in the centre of Athens, an area that has always enjoyed a lot of interest from buyers. Guaranteed returns on investment—