Description
Boutique hotel property in a prime location in Thissio, within walking distance of the Acropolis. Housed in a historic listed building dating back to 1900, fully restored and structurally reinforced, offering strong value-add potential through operational optimization and unutilized development rights.
Development Rights:
Approx. 800 sq.m. of unused building rights
Subject to urban planning approvals
Potential for vertical expansion or creation of additional spaces
Outdoor Areas:
Approx. 250 sq.m. landscaped garden with swimming pool
Existing Layout
7 luxury suites (approx. 30 sq.m. each)
Ceiling heights of up to 4.5 m
Basement suitable for kitchen, wine cellar, spa or ancillary facilities
Project Status:
Restoration works substantially completed
Remaining CAPEX: approx. €250,000
Sale on an as-is basis, offering flexibility to the investor
Value-Add Potential:
Addition of spa / wellness facilities
Provision of treatments by licensed therapists, in accordance with applicable Greek regulations
Estimated ADR: €450–550 per night
Location Advantages:
Immediate access to the Acropolis and the Thissio pedestrian zone
Close proximity to key cultural and gastronomic destinations
Quiet and high-quality residential area
Limited supply of comparable assets
Stable year-round demand
