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Details:
Hotel for sale in Athens, Greece.

A 2-star hotel located on a quiet street, close to the Panathenaic Stadium (Kallimarmaro), right on the border of the Pagrati area.

The central location allows guests to use the hotel as a base for exploring Athens, as well as for business travelers.

The hotel is situated near the new Goulandri Museum of Contemporary Art, the embassies of the Netherlands, Sweden, Algeria, and Ukraine, and the Pagrati neighborhood. The annual marathon held at Kallimarmaro Stadium also brings athletes who choose this hotel for their stay.

Additionally, one of Athens’ main thoroughfares, Vasileos Konstantinos Avenue, is only 2 minutes away, and within a 10-minute walk you can reach the National Gardens, Zappeion Megaron, the Temple of Olympian Zeus, Syntagma Square (15 minutes), the Greek Parliament, Plaka, the Acropolis (15 minutes), and the entire commercial center of Athens.

The hotel is also a 10-minute walk from Evangelismos Metro Station (Kolonaki), which provides direct service to the airport and port, 5 minutes from the tram, and 2 minutes from the bus stop. There is also private covered parking available for a fee approximately 50 meters from the hotel.

The hotel was recently renovated (2017), with a built area of 550 sq.m., comprises 5 floors built in 1981, and offers 16 comfortable rooms ranging from 9 to 12 sq.m. for single use and 16 to 19 sq.m. for double and triple rooms. The rooms include central heating, air conditioning, balcony, satellite TV, shower room, iron, hairdryer, and wireless internet access.

The building consists of a 120 sq.m. basement (2 rooms), a 120 sq.m. ground floor with reception, café, and 2 additional rooms, a 120 sq.m. first floor (5 rooms), a 90 sq.m. second floor (4 rooms), a 75 sq.m. third floor (2 rooms), and a 40 sq.m. fourth floor (1 room). The third and fourth floors have balconies.
The hotel has just received a tourism license renewal for 5 years. It is a healthy, profitable business with an annual turnover of €250,000, 85% occupancy, and room rates ranging from €40 to €100 per night.

Interested in this property? Contact us and we'll be happy to give you all the details!