Sale, Commercial, Independent Building

VOLOS - CENTER

Property Code: 482775

Rooms 10
Bathrooms 3
Floor 0 (Ground Floor)
Parking 0
Area 500 m2
Construction 1920

950000

or by acquiring a mortgage €/ΜONTH

1900 € / m2

Modify Date: 15/07/25

Description

Historic Hotel in the Heart of Volos – A Rare Investment Opportunity This property is a hidden gem located in the center of Volos, next to the port. An untapped diamond, this two-story building with protected heritage status offers incredible potential for a variety of uses. It occupies a prime location near the port, making it a highly valuable investment. Its flexibility makes it ideal for various commercial purposes, such as a hotel, retail store, offices, or other business activities. Don't miss this exceptional opportunity to acquire a piece of Volos' history in one of the most central areas of the city. This is a unique and iconic building over 100 years old. The property consists of: Ground Floor: A total area of 173 sqm, which includes three shops: One on the main street (66 sqm). Two on the side street (35 sqm and 25 sqm). The shops have a clear height of 5.6 meters, ideal for creating functional mezzanines. First Floor: A total area of 173 sqm, currently arranged as rooms and auxiliary spaces for a hotel, with a height of 4 meters and potential for renovation. Attic: An area of 55 sqm, with three spaces that can be freely configured. The attic is connected to the roof terrace, which serves as an open-air space of 99 sqm. The building requires complete renovation while strictly maintaining its exterior characteristics. Interior alterations are allowed for functional purposes. It has full structural integrity, and any alteration of its architectural and morphological elements is prohibited. The building is an excellent investment, as: • It is located in a strategic location in the city. • The potential rental value of the ground floor shops, after renovation, is estimated at over €3,000 per month. • The first floor and the attic can accommodate a variety of commercial or tourist uses. • The terrace can be used as a roof garden. •A subsidy program for renovations of listed buildings is included through the National Strategic Reference Framework (NSRF). A complete study of the current state of the building is included.

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Storehouse : Yes
Elevator : No
Floor : Marble, Parquet
Double glazing : No
Heating : Without elevator heating
Previous use : Commercial
Loading and unloading ramps : 0
Alarm : No
Type Power : Ιndustrial, Single phase, Three phase, Medium strong, High voltage, Substation
Label Capability : Yes
Position : Corner, Double frontage, Facade
Lawn : No
Access : Immediate, Bus
Use Area : Residential, Tourism, Commercial
Property type : Autonomous building, Preserved
Type of Construction : Conventional
Energy Class : G

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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