Hotel for Sale

€ 900,000
1,415 m²
3+

Note

Listing updated on 11/19/2025
Description

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

reference: 1076184

Central Pyrgos | 3★ Hotel for Sale – 7 Levels | 1,415 sq.m. | Prime Investment Opportunity Located in the heart of Pyrgos, this fully operational 3-star hotel of 1,415 sq.m. across seven levels represents an outstanding hospitality investment. Ideally positioned on the city’s main avenue, it enjoys direct access to shops, restaurants, public services, and tourist attractions, ensuring consistently high occupancy and strong repeat clientele. This is a turn-key investment, perfectly suited for an individual investor or boutique operator seeking a manageable, profitable property in a growing urban-tourism market.
️ Key Features • 36 rooms / 85 beds, all fully equipped (private bathrooms, wardrobes, TV, fridge, A/C) • Reception area, two lounges, breakfast room, kitchen, 39 WCs • Guest & service elevators, disabled access, structured cabling • 17 m street frontage and 175 sq.m. balconies • Central oil-heating system and heat-pump cooling • Modern aluminium frames with double glazing and insect screens
️ Building Overview The property comprises six upper levels and one basement: • Basement (226.87 sq.m.): machine room, water tanks & filters, oil boiler & storage tanks, laundry facilities, generator, fire-safety tanks, staff WC. • Ground floor (226.87 sq.m.): reception, lobby, manager’s office, bar, breakfast area, guest & staff elevators. • Mezzanine (159.19 sq.m.): 4 double rooms & 1 quadruple. • 1st–3rd floors (226.87 sq.m. each): 5 double & 4 triple rooms per floor. • 4th floor – Penthouse (111.85 sq.m.): 3 double & 1 single room with open view. The hotel underwent a complete renovation in 2010, including replacement of all plumbing and electrical installations, elevators, bathrooms, flooring, furniture, and FF&E, maintaining excellent operating condition.
Location & Performance Highlights • Situated on Pyrgos’ main commercial avenue, within walking distance of the central square, shopping district, and major public institutions. • High year-round occupancy supported by a loyal client base, corporate bookings, and strong online reputation with excellent guest reviews. • Easy to operate, with optimal size (36 rooms) for efficient management and low running costs. • Proven profitability and stable cash flow, with significant potential for value appreciation through brand repositioning or extended services.
Alternative Uses & Redevelopment Potential Given its structure and central position, the property is also suitable for: • Residential redevelopment (apartments or student housing) • Private clinic / medical center • Senior care facility • Professional offices or administrative complex
Investment Summary This property combines tourism, commercial, and urban value. Its ongoing operation ensures immediate revenue, while its central location offers long-term capital appreciation and multiple strategic options for the future. Asking Price: Upon Request – Prime Investment Listing uploaded by MIR Pyrgos Branch (Part of the MIR PROPERTIES Group) Avgerinou 3, Pyrgos, Ilia +30 26210 25400 | +30 6949 028 623 Head Office: 3 Filellinon St., Syntagma Sq., Athens ✉️ info@mirproperties.gr
Features
Contract
Sale | Income property
Type
Hotel
Surface
1,415 m²
Rooms
3+ bathrooms
Floor
Ground floor
Building floors
7
Availability
Available from 19/07/2024
Other features
  • Cellar
  • Furnished
Price information
Price
€ 900,000
Price per m²
636 €/m²
New
Energy efficiency

Energy consumption

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Discover every corner of the property
+23
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