At a Glance: The hotel is located in central Athens, near the Greek Parliament, with views of the Acropolis, 173 beds (91 units), Indoor Restaurant, bar, 3 Conference rooms
Region: Attica Athens
Prefecture / Location: click here for info about Athens
Sale type: Sale of operating hotel
Property type: Hotel for sale with star rating
Current Status:
Alteration of use: It is permitted to alter the hotel's use
Suggested Usage: Hotel use / /
Built in / year: 1980
Last Renovation / year: 2017
Accommodation
Type of Accommodation: City Hotel / Business Hotel
Hotel Facilities: 1 Indoor Restaurant, 1 bar, 3 Conference rooms
Room Facilities:
No. of elevators: 5 elevators
Max No. of Levels (floors): 7 floors plus basement
No. of buildings: 1 Building
Hotel view: Panoramic view
Between the hotel and the beach:
Beach landscape:
Number of Beds: 173 Beds (91 Units)
Total builded area in m2 : 4 211
Land size in m2 : 586
Land characterization : In urban planning
Remarks :
Development potential
Further permitted building area (m2): The hotel is located in central Athens, near the Greek Parliament. It is adjacent to the hotel (under construction) with code nr 1237/02 and belongs to the same SA company. Both hotels together are sold for 37 000 000 Euros. The two hotels can be joined and become one with a total of 271 beds (140 Units). Both hotels offer views of the Acropolis.
Subprojects / Remarks:
Available land attached (m2):
Distance from
The beach:
Airport: 20 Km
Heliport: 20 Km
Seaplane Terminal:
Harbour: 8 km
City / Village:
Medical Center: 5 minute4s
Marketing Data
The hotel operates: 12 months
Agreement with Tour operators:
Wider area development: Syntagma Square is the heart of modern Athens. Also known as Constitution Square, it is a huge public plaza stretching out in front of the Greek Parliament Building. The scene for many celebrations, the square has recently been refurbished as part of the development of the Athens metro system.
Tax data
Type of Transaction: Company sale or Property sale
Tax / Remarks:
Financial Data
Selling price € : 37 000 000 Euros. (The present hotel with code no. 1237/01 It is adjacent to the hotel with code no. 1237/02 and belongs to the same SA company. Both hotels together are sold for 37 000 000 Euros. The two hotels can be joined and become one with a total of 271 beds - 140 Units.). The selling price is not negotiable and includes the completion of the hotel 1237/02.(Updated: June, 2018)
For the investor
Revenues / € :
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Government Financial Support: There is a free Financial Support on the investment
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