DescriptionNeo Faliro, Piraeus – 3' from the port | 150m from public
transport
Location: Piraeus (Neo Faliro), strategically next to the
port, tram, metro and cruise ships.
Hotel Rooms: 120
Purpose: Sale – €20,000,000
Capabilities: High occupancy, stable income, prospect of
repositioning as a business/lux boutique hotel.
Strategic Location
3 minutes from Piraeus port (20M+ passengers per year)
Airport connection via X96 (~45 minutes)
Near the Peace and Friendship Stadium, G. Karaiskakis –
sports events
Cruise tourism / connection to islands
Infrastructure & Facilities
120 rooms (standard, sea-view, balcony)
Room service, lobby bar, shuttle services
24-hour front desk, WiFi, A/C, free parking
Buffet breakfast (€5/person), concierge service
Investment Opportunities
Conversion to a boutique or lifestyle hotel
Add conference rooms
Spa/Gym facility
Cooperation with cruise ships – exclusive agreements
Cost-Effectiveness (indicatively)
Parameter
Current Ext.
Potential
Wholeness
70–75%
up to 85%
Avg. Price/room
€70/night
up to €110+
EBITDA (estimate)
€850.000–1.100.000
€1.5–2M
Aloud
Weaknesses
Premium location
Non-use of premium services
Accessible – transit hub
Limited Brand
Room count high
Adults-only restriction
Opportunities
Risks
Rebranding & repositioning
Economic uncertainty/tourism
Synergies with tour/cruise operators
CAPEX Need
Conclusion / Investment Proposal
Why invest:
Ready-made, functional
Usable real estate in a strategic location
Growth prospects through service upgrades
Stable tourist demand (port, cruises, sports)
León Dorado Real Estate Investments www.leondoradoinvestments.com Τ: +30 210 3300022 Κ.: +30 693 6793779 E: k.m.ocampo@lionrealtors.gr
In order to indicate the property, it is necessary to show a police ID/ Passport or TIN According to Law 4072 / 11-4-2012 Government Gazette 86 A.