Sale, Commercial, Independent Building

ISTORIKO CENTER - THISIO

Property Code: 481943

Rooms 7

Bathrooms 7

Floor 0 (Ground Floor)

Area 350 m²

Construction 1930

3300000

or by acquiring a mortgage €/ΜONTH

9428.5714285714 € / m²

Modify Date: 02/07/25

Description

FOR SALE – FULLY RENOVATED 350 SQ.M. PROPERTY IN THISEIO, ATHENS | LUXURY BOUTIQUE HOTEL DEVELOPMENT A rare investment opportunity in the heart of historic Athens. For sale is a listed building of 350 sq.m., originally built in 1930, currently undergoing a complete renovation and transformation into a luxury tourist accommodation. Situated in a prime central location in Thiseio, within walking distance of key cultural landmarks (Acropolis, Monastiraki, Filopappou), this unique property is being converted into 7 high-end hotel apartments. Property Highlights: Total area: 350 sq.m. spread across three levels (ground floor, upper level, semi-basement) 7 fully equipped and individually designed apartments Private garden with swimming pool Rooftop lounge area, ideal for relaxation or a potential rooftop bar with city views Professional kitchen located in the semi-basement Dedicated wine cellar, perfect for private tastings or guest amenities This exceptional building combines preserved neoclassical character with modern amenities, offering a refined hospitality experience. The renovation has been designed to meet the highest standards for short-term or long-term tourist leasing. Location: Thiseio – one of Athens’ most sought-after and touristic districts Ideal use: Boutique hotel or luxury short-term rental complex High-yield investment with strong tourism demand and growth potential

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Years of Operation :	0
Input Height (cm) :	300
Floor Strength kg/m2 :	500
Equipment Value :	0
Storehouse :	In the space
Storehouse (s.m.) :	5
Elevator :	No
Area configuration :	Big halls, Many partitions
Double glazing :	No
Heating :	Without elevator heating
Input Width (cm) :	70
Previous use :	Residence
Fire detection :	No
Fire extinguishment :	No
Alarm :	Preinstallation
Floor :	Tile, Marble
Equipment :	Other
Loading and unloading ramps :	0
Type Power :	Three phase
Natural Gas :	No

Label Capability :	No
Position :	Double frontage, Facade
Lawn :	No
Lawn :	0
Access :	Electric, Immediate
Security building :	No
Use Area :	Residential, Residential

Intangible Value :	0
Energy Class :	F
Shared bills :	0

Loan Calculation

Loan Amount *Minimum loan amount 10.000€ Floating Interest Rate: Euribor 3M (indicatively 2%) + spread (from 1.75%) + contribution L.128/75 (0.12%) Fixed Interest Rate: from 2.8% + contribution L.128/75 (0.12%)

Loan Interest

Loan Repayment Period

Example: Loan of €100,000, total duration 30 years. For the first three years, final interest rate 2.92% and for the remaining 27 years, final interest rate 4%. Indicative installment for the first three years ~€420 and for the remaining 27 years ~€500

Indicative Installment Amount

Interest Amount:

*The final interest rate is determined based on the mortgage loan program (floating, hybrid, fixed) and the borrower's profile.

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