Hotel for Sale

In one of the most vibrant and up-and-coming areas in the heart of Athens, at the corner of two charming pedestrian streets connecting Exarchia with Kolonaki, stands this unique heritage property. A building that encapsulates the city’s history, aesthetics, and investment potential. Property Description The property spans 516 sq.m. and is developed over a basement, ground floor, and two upper levels. Architectural plans have already been prepared and submitted for the addition of two extra floors and a rooftop garden with pool, bringing the total potential built area to 738 sq.m. Features ✦ High ceilings and abundant natural light ✦ Prominent corner façade on two pedestrian streets – excellent visibility ✦ Heritage architecture with authentic neoclassical elements Proposed Development ✦ Boutique Hotel with rooftop pool and panoramic city views ✦ Or Exclusive Residential Development with 10 individual apartments (35–70 sq.m. each) ✦ Ground-floor commercial space ideal for a restaurant, boutique, or gallery ✦ Private gym in the basement ✦ Rooftop garden with pool and relaxation area As a heritage-listed property, it qualifies buyers for Greece’s Golden Visa Program (€250,000), making it particularly attractive to international investors. Location – The Heart of Athenian Life ✦ Just 280m from Skoufa Street, Kolonaki’s luxury shopping boulevard ✦ 1.4 km from Syntagma Square, the center of Athens ✦ 10-minute walk to the National Archaeological Museum ✦ 4 minutes from the upcoming metro station ✦ 2 minutes from the University of Athens (Department of Primary Education) ✦ 5 minutes from the Athens Law School Investment Opportunity Athens is one of Europe’s fastest-growing real estate hubs, offering: ✦ Annual property price growth exceeding 15% ✦ Rental yields over 5% in short-term leases ✦ More than 8 million tourists annually, with steadily increasing tourism and student demand The combination of location, architectural character, and development potential makes this property a rare investment opportunity with outstanding prospects for both short-term returns and long-term appreciation.