- 27,285,000 €
- 4.7% yield
- Athens Hotel 15,000,000 €
- Basic parameters
- Photo
№ 1,830,223
Hotel 3,500 m² in Athens
15,000,000 €
4,285 € /m²
- Room stock 80
- Yield —
- Constructed 1980
- Price per key 187,500 €
Key project parameters
- Total area
- 3,500 m²
- Land area
- 1,588 m²
- Room stock
- 80
- Hotel rating
- 4
- Price per key
- 187,500 €
- Constructed
- 1980
Project description
Four-star hotel in a prime location in the Glyfada area.
Description
The hotel includes 80 rooms with sea view.
The building was renovated in 2004.
The hotel is located close to the beach and golf course.
Extra information
Sea view
Golf course
Tenants
- Agreement
- n/a
Location and nearby infrastructure
The property is located in the Glyfada area, an upscale coastal neighbourhood with expensive hotels, restaurants and boutiques. Wealthy tourists choose to stay here during beach holidays.
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
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
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
Organising property viewings
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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