Building for Sale

€ 5,200,000
1,450 m²
3+

Note

Listing updated on 03/27/2026
Description

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

reference: 7-404


Property Code: 7-404:
In the heart of Athens — where the urban pulse meets timeless history — a rare, full-scale investment asset is offered for acquisition: a four-storey complex of 20 fully equipped serviced apartments, organised and operating as a complete hospitality unit, ready for immediate exploitation.
Just minutes on foot from Omonia Square, the METRO, and the city’s key cultural poles the National Theatre, the National Archaeological Museum, the historic Monastiraki triangle, and the route to the Acropolis — the property occupies one of the most strategic zones in the centre, where visitor traffic, infrastructure upgrades, and tourism demand converge.
This is not a simple real estate purchase.
It is the acquisition of a turn-key hospitality platform with structure, infrastructure, and proven performance history.
The Asset — At a Glance:Total area: 1,449.99 m²,20 independent horizontal properties,Active short-term letting licence (A.M.A.),Energy Class B,Individually metered utilities,20 heat pumps (one per unit),Lift,Roof lounge 246 m²,Two basement levels with full operational support,Ground-floor café leased until 2027,Option for individual unit resale.Sale price: €5,200,000.
Hospitality Infrastructure:
Each apartment is a fully equipped hospitality unit: Smart TVs, safe boxes, complete furnishing,Fully equipped kitchenettes with full appliance set,In-unit laundry equipment,Linen and towel inventory,Fire safety / first ai,Balcony seating,Premium bedding and operational supplies,The basement houses a complete professional linen management cycle with commercial machines, dryers, ironing systems, and cleaning equipment — a feature that dramatically reduces operating costs.

The rooftop operates as a lounge zone with pergola, seating, sunbeds, and relaxation deck, delivering a hospitality experience that boosts ratings and repeat bookings.
Architectural & Concept Identity:
The complex was not designed merely for function.
Its philosophy connects contemporary architecture with Greek cultural heritage: Proportions inspired by the Golden Ratio,Materials that reinterpret stonework and column rhythm,Design references to classical harmony,Philosophical echoes bridging past and present.The result is a differentiated hospitality product that stands out on booking platforms.
Performance Snapshot:~€500,000 revenue post-stabilisation period,15% platform cost,12% management,~7% average annual yield,Break-even ~14 years,Strong guest ratings and high repeat booking ratio confirm operational strength.Strategic Investment Logic:
The new owner acquires: An operational tourism vehicle,Portfolio optionality through individual unit resale,Built-in infrastructure,A cash-flow asset,Exposure to Athens centre’s rising market,Long-term capital appreciation,In a city where hospitality remains an economic pillar, fully structured assets like this rarely appear on the market.
Why This Asset Is Different:
Because here you do not buy square metres.
You buy: location gravity,operational structure,guest experience,brandable platform,scalability,exit strategy.Through PANTOU REALTORS, you acquire an entire operational unit within the city.
And that is the difference between a property — and an INVESTMENT ECOSYSTEM
.
Features
Contract
Sale | Income property
Type
Building | Luxury property
Surface
1,450 m²
Rooms
3+ bathrooms
Building floors
5
Availability
Available from 08/02/2026
Current building use
Commercial
Other features
  • External exposure
  • Security door
Price information
Price
€ 5,200,000
Price per m²
3,586 €/m²
Energy efficiency

Energy consumption

B

Discover every corner of the property
+23
Additional options

Contact the advertiser

Or