At a Glance: The hotel has an excellent view to Acropolis. Few minutes walk from Syntagma and Monastiraki square offers direct access by metro from the airport and port. The Acropolis, Ancient Agora, Roman Forum, Parliament, museums, shopping area of Plaka and Ermou street, the Athens Cathedral are all on your door step from the hotel. You are really in the heart of Athens, in the most strategic and charming location.
Region: Attica Athens
Prefecture / Location:
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: 1965
Last Renovation / year: 2009
Accommodation
Type of Accommodation: Boutique Hotel for sale /
Hotel Facilities: Lobby, Restaurant, Bar
Room Facilities:
No. of elevators: 2 elevators
Max No. of Levels (floors): 8 levels
No. of buildings: 1 Building
Hotel view: Panoramic view
Between the hotel and the beach:
Beach landscape:
Number of Beds: 98 Beds (54 Units)
Total builded area in m2 : 1 368
Land size in m2 : 208
Land characterization : In urban planning
Remarks :
Development potential
Further permitted building area (m2): n/a
Subprojects / Remarks: n/a
Available land attached (m2): n/a
Distance from
The beach:
Airport: 30 km (17 Minutes)
Heliport: 30 km
Seaplane Terminal: 14 km
Harbour: 12 km (10 minutes)
City / Village: City hotel
Medical Center: 10 minutes by car
Marketing Data
The hotel operates: 12 months
Agreement with Tour operators: from Europe, Canada, USA, Australia and Israel
Wider area development: Monastiraki is a flea market neighborhood in the old town of Athens, Greece, and is one of the principal shopping districts in Athens. The area is home to clothing boutiques, souvenir shops, and specialty stores, and is a major tourist attraction in Athens and Attica for bargain shopping.
Tax data
Type of Transaction: Property sale
Tax / Remarks:
Financial Data
Selling price € : 8 200 000 (Updated: June, 2018)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees :
Profit before Depreciations & Taxes / € :
Average yield / % :
Payback period / years :
Average Occupancy / % : from 80% to 85%
Government Financial Support: There is a free Financial Support on the investment
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