4885 €/sq.m.
STANDALONE BUILDING – 7 LEVELS | OMONOIA, HISTORIC ATHENS CITY CENTRE A Rare Investment Opportunity in a Prime Central Athens Location Situated in the heart of Athens’ historic and commercial centre, in an exceptionally strategic location close to a Metro station, this distinctive, free-standing listed building is offered for sale, presenting a unique combination of architectural heritage, historical character and significant investment potential. The property offers a total surface area of 1,740 sq.m., distributed across seven levels: basement, ground floor, four upper floors and rooftop level. The building is currently undergoing a comprehensive interior renovation, including the installation of a new elevator, significantly enhancing its functionality and future development potential. PROPERTY HIGHLIGHTS : Independent listed building with distinctive architectural character and historical significance. Total surface area: 1,740 sq.m. Seven levels of accommodation. Comprehensive interior renovation currently underway. Installation of a new elevator. Part of the property is already commercially leased, with a secured tenancy for a further seven years. DEVELOPMENT & REPOSITIONING POTENTIAL : The property's prime location, independent structure, substantial floor area and distinctive architectural identity offer significant opportunities for the development of a high-quality investment project, including: PREMIUM BOUTIQUE HOTEL: Development of an upscale boutique hospitality concept. SERVICED APARTMENTS: Creation of premium serviced accommodation and furnished apartments. HIGH-END CORPORATE OFFICES: Conversion into contemporary, high-quality corporate and professional premises. MIXED-USE DEVELOPMENT: Combination of commercial space with hospitality or professional uses. INVESTMENT PERSPECTIVE : The existing commercial tenancy provides an established rental income stream for the future owner, while the property's prime central location, architectural heritage and repositioning potential offer attractive prospects for long-term capital appreciation and value creation. "AN EXCEPTIONAL INVESTMENT PROPOSITION" A rare opportunity to acquire a substantial, free-standing listed property in Omonia, combining architectural distinction, significant scale and multiple development possibilities in the historic centre of Athens. An attractive acquisition opportunity for institutional investors, international hospitality groups, real estate developers, private equity firms and investment funds seeking strategic exposure to the Athens real estate market.
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