Building for renovation in the area of Ano Petralona.
Description
The building has 3 floors with a total area of 240 m². On the ground floor there is a commercial space, on the first and second floor – apartments, and there is a terrace.
Design drawings have already been developed to convert the property into a small five-star boutique hotel consisting of 7 rooms, along with a terrace which will include a barbecue zone, a bar and a swimming pool.
Alternatively, it is possible to create 4 separate apartments of 70 m² each.
The cost of the building in the current state alongside with the approved state license from the state is 460,000 €.
The approximate cost of renovation and construction of the building is from 300,000 to 400,000 €.
Petralona is one of the oldest and most beautiful areas of Athens, one of the most favorite vacation spots of the Athenians in the summer due to its roofs, flowering gardens, traditional taverns, and summer cinemas overlooking the Acropolis.
Athens is the capital of Greece, located in the historical region of Attica and is the economic, cultural and administrative center of the country. The population of the city is more than 3.5 million people.
Athens is the largest trade and distribution center and financial center of the country, in particular, more than 2.5 million tons of oil are processed annually there. Up to 70% of import and 40% of Greece’s export go through Greater Athens.