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For sale investment property: 18 room hotel.
Consists of:
basement- 2 storerooms
ground floor- reception – living room and office with WC
1 floor- 4 rooms with WC/shower each and a storeroom
2 floor- 4 rooms with WC/shower each and a storeroom
3 floor- 4 rooms with WC/shower each and a storeroom
4 floor- 3 rooms with WC/shower each and a storeroom
5 floor- 2 rooms with WC/shower each and a storeroom
6 floor- 1 room with WC/shower
The rooms are very comfortable and can accommodate 2 persons.
The building has been completely renovated, redecorated and furnished with luxury modern furniture.
The hotel is conveniently located close to public transport, such as a metro station at 150 meters and a bus station at 100 meters.
The subject is located in Metaxourgio neighborhood.
Metaxourgio is a neighborhood of Athens located northwest of the historical city center. The neighborhood is situated between Kolonos to the east and Kerameikos to the west, and north of Gazi. In the same breath, Metaxourgio borders with Plato’s Academy, Omonia, and Eleonas districts. The area extends north from Karaiskakis Square to St. Constantine Street. The district got its name from silk-spinning factories, which used to operate on the territory of Metaxurgio in the 19th century.
Metaxurgio used to be one of the poorest and the least attractive districts of the city, but at the end of the 20th century, it gained a reputation as one of the cultural centers of the Greek capital, thanks to the opening of several art galleries, theaters, modern fashionable hotels, restaurants, etc. In addition, the municipal authorities have launched the Metaxurgio Square Reconstruction Program so as to beautify and invigorate the neighborhood.
The average annual occupancy is over 80%.
Hotel is rented until 2028 for 3500 euro per month.

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