The hotel in the center of Athens, Greece

Additional information is provided after the signing of an NDA

The hotel in the center of Athens, Greece

900,000 €
2,117 € /m²
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  • Total area
    425 m²
  • Yield
    4.6 %
Details
Property parameters
  • Total rooms: 18
  • 7-floor building
Financial performance
  • Annual income: 42,000 €
Tenants
  • Fully let

Hotel with 18 rooms in the center of Athens.

Description

The hotel with a total area of ​​425 m² occupies a seven-story building:

  • basement with 2 utility rooms
  • ground floor with reception, lobby and office
  • 2nd floor with 4 rooms and utility room
  • 3d floor with 4 rooms and utility room
  • 4th floor with 4 rooms and utility room
  • 5th floor with 3 rooms and utility room
  • 6th floor with 2 rooms and utility room
  • 7th floor with 1 room and utility room

The building has 18 double rooms. All of them have a private bathroom.

The hotel is in excellent condition: the building has been completely renovated.

Extra opportunities

We can help you get a Gold Visa (permit without tax residence) when buying a property worth €250,000 or more.

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Financial performance

The annual income is 42,000 €.

The yield is 4.6%.

Tenants

The property is fully let.

Location

This building is located in the central part of the city of Athens, in Metaxourgio neighborhood, only 150 meters away from the metro station and 100 meters from the bus stop.

Metaxourgio is a neighborhood of Athens located northwest of the historical city center. The neighborhood is situated between Kolonos to the east and Kerameikos to the west, and north of Gazi. In the same breath, Metaxourgio borders with Plato’s Academy, Omonia, and Eleonas districts. It is frequently described as a transition neighborhood. The area extends north from Karaiskakis Square to St. Constantine Street.

It gained a reputation as one of the cultural centers of the Greek capital, thanks to the opening of several art galleries, theaters, modern fashionable hotels, restaurants, etc. In addition, the municipal authorities have launched the “Metaxourgio Square Reconstruction Program” so as to beautify and invigorate the neighborhood. The galleries, small theatres, and restaurants have helped create the atmosphere of artistic resurgence that now characterizes this neighborhood.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other hotels for sale in Greece.

You can see more hotels for sale in Athens elsewhere on our website.

Statistics in Athens

Price per m², €
1,598
Healthcare efficiency level
55
Index 55 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
52
Index 52 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 1,598.23
Apartment in a bedroom community, m² 1,666.44
Transport Price, €
Public transport, 1 ride 1.4
Monthly travel card 30.0
Taxi, 1 km 0.74
Petrol, 1 l 1.55
Food Price, €
Water, 1.5 l 0.89
Milk, 1 l 1.23
White bread, 500 g 0.82
Eggs, a dozen 3.09
Chicken fillet, 1 kg 6.96
Education Price, €
Kindergarten, per month 364.1
International school, per year 6,989.39
Health care index
Staff competence 62.54
Medical equipment 57.95
Research accuracy and completeness 56.53
Attitude towards patients 56.72
Security index
Crime rate 51.34
The risk of being robbed 46.52
The risk of car theft 53.45
The risk of break-in and property damage 56.13

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

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