31 bed retail premises for sale

Αθήνα, Attiki, Greece

Premium Hotel Investment Opportunity

# urban hospitality investment

### Metaxourgeio | Gazi – Metaxourgeio – Votanikos | Athens

**A distinctive hospitality investment opportunity in one of the most characterful and strategically positioned districts of central Athens.**

Located in **Metaxourgeio**, within the wider Gazi – Metaxourgeio – Votanikos corridor, this hotel property offers approximately **1,030 sq.m. Of total space**, arranged across **seven levels**.

With an existing hospitality configuration comprising **31 individual spaces**, the property represents an interesting proposition for investors and hospitality operators seeking an urban asset with repositioning and enhancement potential in central Athens.

## 31 spaces across 7 levels

The approximately **1,030 sq.m.** property is distributed over seven levels and comprises **31 spaces**, providing a substantial existing framework for hospitality use.

The building is equipped with **air conditioning** and offers the potential to be upgraded and reconfigured according to the requirements of a contemporary hospitality concept, subject to the applicable planning, technical and licensing requirements.

Its multi-level configuration provides a distinctive architectural framework for the creation of an efficient and modern urban accommodation concept.

## A strategic central athens location

Metaxourgeio is one of the most distinctive urban districts of central Athens, positioned within close reach of the historic centre and directly connected to the neighbouring areas of **Gazi, Kerameikos and Votanikos**.

The area combines **hospitality, culture, dining, entertainment and urban regeneration**, creating an established environment for tourism and commercial activity.

Its central position provides an attractive setting for an investor seeking exposure to Athens' urban hospitality market.

## key property features

* Approximately **1,030 sq.m. Total area**
* **7 levels**
* **31 spaces**
* Existing hotel use
* Air conditioning
* Constructed in **1981**
* Central Metaxourgeio location
* Close proximity to Gazi, Kerameikos, Votanikos and central Athens

## repositioning potential

The property is particularly suited to investors and hospitality operators seeking an **urban hotel asset with potential for renovation, modernization and repositioning**.

The combination of **1,030 sq.m. Of existing space, 31 individual areas, seven levels and a central Athens location** provides a solid foundation for the development of a contemporary hospitality concept, subject to the relevant technical and regulatory due diligence.

The property may be considered for a range of hospitality strategies, including:

**• Boutique hotel concept**
**• Urban accommodation**
**• Serviced accommodation**
**• Hospitality repositioning project**
**• Renovation-led value-add investment**

### A central athens hospitality opportunity

**A distinctive urban hospitality asset with substantial existing space and repositioning potential, located in the heart of Metaxourgeio - one of Athens' most characterful and evolving central districts.**