Hotel for Sale

€ 2,800,000
1,147 m²
3+

Note

Listing updated on 11/05/2025
Description

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

reference: 7420

In the up-and-coming and vibrant area of Kallithea, just steps from the Sivitanidios School, a fully renovated building is available for sale. Originally constructed in 1972 as an industrial facility, the building was designed with emphasis on open, spacious floor plans. The elevator was strategically placed at the rear of the building to preserve the functional continuity of each level. In 2019, the property underwent a complete reconstruction and was transformed into a modern residential complex consisting of 24 apartments, with an average area of 36 sq.m. Each unit was carefully designed with smart architectural layouts and high-quality, custom-made furnishings that highlight the contemporary aesthetic of the space. Since the renovation, the apartments have been offered exclusively on short- to medium-term leases (3, 6, or 12 months). The building is currently fully occupied, generating steady and reliable rental income. Additional amenities include a shared rooftop terrace, private storage units, and a dedicated bicycle parking area, all contributing to an enhanced living experience. This is a strong investment opportunity with immediate returns, high occupancy rates, and consistent demand—making it an ideal asset for student housing or short-term rental strategies.
Features
Contract
Sale | Income property
Type
Hotel | Luxury property
Surface
1,147 m²
Rooms
3+ bathrooms
Building floors
4
Other features
  • Cellar
  • Furnished
Price information
Price
€ 2,800,000
Price per m²
2,441 €/m²
New
Energy efficiency

Energy consumption

Γ

Discover every corner of the property
+7
Additional options

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