Other .. 500m² (950.000 €)

This listing concerns the sale of a hotel business in Monastiraki rather than the sale of the property itself which is an important distinction as the investment involves a fully operational and profitable hospitality venture located in one of the most commercial and historic areas of Athens The hotel is situated just two hundred meters from the Monastiraki metro station offering direct access to the entire city center and unobstructed views of the Acropolis Its prime location ensures a steady flow of tourists throughout the year as it lies in one of the busiest and most recognizable parts of the capital The business has been operating since June 2024 and has already established itself as a highly profitable four key accommodation It features thirteen rooms including three suites with modern design and high quality amenities The average occupancy rate reaches eighty percent and has achieved full capacity during peak periods with an average room rate of one hundred sixteen euros per night demonstrating both competitiveness and financial stability The monthly turnover of the business is 41000 euros employing a staff of ten people who ensure smooth daily operation and excellent guest service The hotel maintains contracts with major tour operators as well as with online travel agencies such as Expedia and Booking while approximately fifty percent of its reservations come directly through its own website significantly increasing net profitability The monthly rent for the property is 14000 euros under a sixteen year lease agreement with fifteen years remaining providing long term stability and security for the investor The company operates as a Private Company IKE under Greek law offering an efficient and straightforward transfer process The sale is taking place because the company was originally designed as a performance business created from scratch with the goal of being sold once fully developed This represents an exceptional investment opportunity combining location profitability operational readiness and consistent revenue in one of the most prominent tourist destinations in Greece

Characteristics of this property

Location of the property