№ 1,830,203

Hotel 600 m² in Athens

4,850,000 €
8,083 € /m²
  • Room stock —
  • Yield —
  • Constructed —
  • Price per key —
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Alina Dunaeva
Investment consultant in Athens
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    Key project parameters
    Total area
    600 m²
    Land area
    180 m²
    Project description

    Hotel in one of the central areas of Athens, Exarchia.

    Description

    The property includes:

    • hotel of 600 m²
    • parking of 300 m²
    • fully renovated studio with 2 parking spaces located on the main street next to the hotel

    The hotel was completely renovated in 2017, as a result new and modern equipment was installed.

    Tenants
    Agreement
    n/a
    Location and nearby infrastructure

    The property is located in the central area of ​​Athens, Exarchia. Exarchia is a densely populated, residential area in the center of the city with numerous retail shops. The area is served by several bus, trolleybus routes, as well as the Panepistimio, Omonia and Victoria Metro Stations. The historical building of the National Technical University of Athens, the National Archaeological Museum, and the Strefi Hill are located in this district.

    The National Archaeological Museum of Athens, the National Technical University of Athens and Strefi Hill are all located in Exarcheia. The life of the area is very lively. The central square features many cafés and bars with numerous retail computer shops located mainly on Stournari street, also called the Greek Silicon Valley.

    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.

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    annual yield
    From 15-17%
    investment exit horizon
    2–3 years
    full support at every stage
    Turnkey deal
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    Developing a strategy

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    Providing transaction support

    We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account

    Helping with management

    We can take over the management of your property or recommend a suitable management company

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    We will arrange a visit to the site to view one or more projects

    Saving time

    At the investor's request, we can arrange a remote purchase with the least possible visits to the country

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