Complex of 20 tourist Apartments | Athens

  • €4,900,000
  • €3,267/㎡
Athens - Center, Omonoia
For Sale
Complex of 20 tourist Apartments | Athens
Athens - Center, Omonoia
  • €4,900,000
  • €3,267/㎡

Description

Investment Property in Central Athens

Located just 150 meters from Omonia Square, this modern, fully equipped tourist apartment complex, completed/renovated in 2023, is offered for sale.

The property comprises 20 apartments with a total area of 950.08 sq.m., spread across four floors, with a total accommodation capacity of 79 guests. Additional facilities include basement utility and storage areas, a fully equipped professional laundry facility, a 246.60 sq.m. rooftop terrace with a designated lounge area, and a leased commercial café on the ground floor.

  • 1st Floor: 232.28 sq.m. – 6 apartments.
  • 2nd Floor: 238.06 sq.m. – 5 apartments.
  • 3rd Floor: 238.06 sq.m. – 5 apartments.
  • 4th Floor: 241.68 sq.m. – 4 apartments.
  • 1st Basement: 29.90 sq.m.
  • 2nd Basement: 201.57 sq.m., including 82.25 sq.m. of storage areas.
  • Rooftop Terrace: 246.60 sq.m., featuring a furnished lounge area and pergola.
  • Ground-Floor Commercial Space: 24.45 sq.m.

The complex holds a valid tourist accommodation license, has an Energy Efficiency Rating of B, and is fully equipped for hospitality operations.

Key Investment Advantage: All 20 apartments are registered as separate horizontal properties (individual ownership units), offering the flexibility of either operating the complex as a single hospitality investment or selling the apartments individually.

Location & Accessibility

  • Omonia Square: 150 m
  • National Archaeological Museum: 600 m
  • Monastiraki Square: 1.1 km
  • Temple of Hephaestus: 1.3 km
  • Syntagma Square: 1.5 km
  • Acropolis: 1.9 km
  • Lycabettus Hill: 2.3 km

This is an operational hospitality asset with an established revenue stream and an estimated annual investment yield of approximately 6%.

Further information and detailed financial data are available upon request.

Details

  • Property Size: 1500 m²
  • Floor: Ground Floor
  • Distance from metro (m): 230
  • Area Athens - Center
  • Municipality Omonoia

Overview

Property ID: 000130439
  • Hotel
  • Property Type
  • Ground Floor
  • Floor
  • 1500
  • m²

Energy Class

  • Energetic class: B
  • EPC is under issuance:
  • A+
  • A
  • B+
  • | Energy class B
    B
  • C
  • D
  • E
  • F
  • G

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