Hotel for Sale

On a plot of 900 sq m, a building with a total area of ​​1,200 sq m is available, fully configured into independent short-stay hospitality units. The property was renovated and converted into serviced apartments about 10 years ago, with 14 modern and fully equipped rooms, it has been operating continuously since then and is a ready, mature investment opportunity with stable demand.
In addition, the owner's residence, with a total area of ​​235 sq m, is located on the ground floor and the 1st floor and can be configured into seven more junior suite apartments that will be added to the current business (with an architectural design proposal). The ground floor includes a lobby with a reception area, a café-bar, a kitchenette, two small office areas, a mini gym, two toilets, a linen room, two laundry areas, a storage room, a boiler room, a staff bedroom and a bathroom and a beautiful independent apartment of 53 square meters.

The Serviced Apartments now consist of: 14 very modern suites of 37 sq m - 48 sq m - 55 sq m - 65 sq m - 70 sq m - 90 sq m, and an independent large apartment of 234 sq m. which has a private entrance and a private covered parking space of 50 sq m, for two cars and a kitchenette inside, with private use of the garden, three large balconies with barbecue overlooking the other side of the street. This large independent apartment can be converted (with permission for the new plan from an architectural firm) into 7 smaller suites if the new buyer decides to do so. All apartments, 15 or 21 per average of 140 euros per night, can provide a significant annual income from the day after signing the agreement, as there are personal repeat customers and they are very well known in the market for 10 years with very good reviews from customers.

Building layout:

Semi-basement: 200 sq m (reception)

1st floor: 330 sq m

2nd floor: 330 sq m

3rd floor: 330 sq m

Nea Filothei offers a quiet and quality environment, ideal for corporate visitors, families in need of temporary accommodation, healthcare professionals and travelers seeking comfort with privacy.

The building features clean aesthetics, thoughtful exteriors and functional architecture that allows for both premium hospitality and high occupancy.

The asset is suitable for:
• serviced apartments
• corporate housing
• medical tourism accommodation
• boutique hospitality concepts
• investors looking for a “turn-key” unit with a proven operating history

Sales price: €7,000,000
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