Description
Property Code: -2673521.EXCLUSIVE INVESTMENT OPPORTUNITY | 768 SQ.M. MULTI-LEVEL BUILDING IN CENTRAL ATHENS
Asking Price: €1,650,000
9 Levels | 14 Apartments | 2 Commercial Units | Panoramic Rooftop
A distinctive real estate investment combining contemporary design, multiple potential revenue streams and attractive opportunities in Athens’ hospitality market.
Located in the wider Larissa Railway Station area of Athens, this modern nine-level building is offered for sale as a single investment property. Designed with functionality, aesthetics and contemporary urban hospitality in mind, the property presents an appealing opportunity for investors seeking a professionally managed accommodation concept in the Greek capital.
With a total stated area of 768 sq.m., the building comprises 14 apartments, two ground-floor commercial units and a range of shared amenities, creating a versatile property with potential for hospitality operations and complementary commercial uses.
CONTEMPORARY DESIGN & FUNCTIONAL LAYOUT
The building has been designed to accommodate different guest profiles, offering a variety of apartment types ranging from compact studios to larger units suitable for families and groups.
Property highlights
Nine levels
14 apartments ranging from 20 to 55 sq.m.
Two ground-floor commercial units
664 sq.m. of interior space
78 sq.m. of balconies
48 sq.m. rooftop area
32 sq.m. garden
Elevator and auxiliary spaces
THREE ACCOMMODATION CATEGORIES
Cozy Traveller
Studio apartment with balcony, accommodating 2–3 guests.
Comfort Traveller
One-bedroom apartment with balcony, accommodating 2–4 guests.
Family Traveller
Two-bedroom apartment with balcony, accommodating 4–6 guests.
The variety of accommodation options offers flexibility in targeting different guest segments, including business travellers, couples, families and visitors seeking comfortable, well-equipped urban accommodation.
PREMIUM SHARED AMENITIES
The property features a range of shared facilities designed to enhance the guest experience and support its potential positioning within the hospitality sector.
Panoramic rooftop garden
Waterfall Bar
Juice bar
Gym
Co-working space
Shared laundry facilities
Landscaped internal courtyard garden
Storage area
Additional specifications
Air conditioning in every apartment
German aluminium window frames
Security entrance doors
Balconies
Through-layout design
STRATEGIC LOCATION IN ATHENS
The wider Larissa Railway Station area is an important transport hub in Athens, offering access to the metro, the main railway station and urban public transport services.
These connections facilitate travel to the historic city centre, commercial districts and other key destinations across the capital. This accessibility can be an advantage for a potential urban hospitality business, subject to the property's operational model and target market.
INVESTMENT POTENTIAL & COMMERCIAL OPPORTUNITIES
This property is particularly relevant to investors considering a multi-unit building within the hospitality sector, with potential for a combination of residential accommodation and commercial uses, subject to applicable planning regulations and the necessary permits.
According to the information provided, the property is reported to offer a return exceeding 11%. This figure should be independently verified through a review of rental income, operating expenses, management fees and net investment returns.
Introductions to short-term rental management companies may be arranged, allowing prospective buyers to explore operational models, management arrangements and potential commercial strategies.
The combination of multiple accommodation units, commercial premises and shared amenities creates an interesting proposition for professional property investors, hospitality operators and investment groups.
A DISTINCTIVE INVESTMENT PROPOSITION
This building stands out for its combination of multiple residential units, commercial spaces, contemporary amenities and access to a major public transport hub.
It offers an opportunity for buyers seeking a property with the potential for structured management, diversified revenue sources and long-term commercial exploitation in the Athens real estate market.
ASKING PRICE: €1,650,000
More than a property — a hospitality investment concept with a distinctive identity, operational flexibility and potential for future growth.. weCan real estate Chalandri, contact phone: 2110016800, 6934880004, email: info@wecan-realestate.gr, website: www.wecan-realestate.gr