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Building In Athens For Boutique Hotel For Sale

Athens, Attica, Greece
Asking Price:
€410,000
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Building of total surface 300sq.m, in 3 levels Ano Petralona (Athens). Building age: 21 years, - Price: 460.000 €. Solid investment opportunity concerning an autonomous building of 240 sqm, with construction possibility for additional 60 sqm on the 3rd floor. The building consists of a ground floor commercial venue, a 1st floor, a 2nd floor and a terrace. Design drawings have already been developed from an architectural office with the purpose of applying for a state license and the ultimate goal of transforming the property into a small five star boutique hotel consisting of 7 rooms, along with a terrace which will include a bbq, a bar and a pool. Alternatively, design possibilities exist for the creation of 4 individual separate apartments, of 70 sqm each, with the third floor having access for exclusive use of the private terrace. Or create 7 apartments of around 35sqm. The price of 460.000 € includes the delivery of the building as it is right now alongside with the approved state license from the state, ready to begin construction works. Additionally, our team of engineers and architects, with the respective financial agreement can take over the construction works as well and deliver the building at its final condition - fully renovated and functional with all floors constructed.

If interested, please contact us by filling the form given below.

Property Information

Real Estate:

Real Property Included

Location:

Ano Petralona - Athens

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