Hotel for Sale

An exceptional investment opportunity is available in the coastal area of Azolimnos, Syros. This complex consists of two unfinished buildings with a total area of 601.72 sq.m., set on a 895 sq.m. plot. The project is currently at the plastering stage, allowing the new owner to select final finishes and customize the units to high-standard hospitality specifications. Key Highlights: Legal Status: Fully regularized under Law 4495/2017, with a finalized Electronic Building ID (2022) for a seamless and swift transfer. Capacity: Designed to accommodate 12 independent studios plus a dedicated Reception/Welcome area. Location: Situated in a prime spot, just 200 meters from the organized beach of Azolimnos and a short drive from the island's capital, Ermoupoli. Detailed Layout (Based on Official Survey): Building A (Main): Ground Floor (121.88 sq.m.): Primary spaces configured into studios. First Floor (121.90 sq.m.): Primary spaces with significant sea-view potential. Basement (164.87 sq.m.): Large utility area, ideal for laundry facilities, storage, or technical infrastructure. Building B: Ground Floor (67.15 sq.m.): Reception area and studio space. First Floor (93.22 sq.m.): Additional studio units. Technical Status: Construction Phase: Exterior and interior plastering is completed. Fenestration (doors/windows) and interior finishes remain. Infrastructure: Includes on-site parking spaces and underground water reservoirs (with two additional units remaining to be constructed). Investment Potential: This property is a "turnkey" legal asset, ready for immediate acquisition. Given its proximity to the sea and the rising demand for boutique hospitality on Syros, it represents a high-yield opportunity for development into a Boutique Hotel or a luxury serviced apartment complex.