Description
Fully Automated Boutique hotel in Monastiraki
Located in the heart of Psyrri, just steps from Monastiraki and the Acropolis, this fully automated Airbnb business offers a rare turnkey investment in Athens' most dynamic tourist district. The asset comprises the entire second floor of a residential building (300sqm), fully renovated in 2024 and converted into ten boutique - style units. All systems are new, and the operation is fully automated with smart locks and digital check - in/out, requiring no reception.
The property generates an estimated €150,000 - €200,000 in stabilized annual net profit, with a combined business and real estate valuation of over €3.45M. Offered at €2,000,000 it represents both significant value and strong yield potential.
With new short - term rental regulations limiting future licenses in central Athens, this legally compliant and operational business is a rare opportunity. Ideal for investors seeking a high - performing, fully managed hospitality asset in a prime location.
