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A rare opportunity for investors: with a total enclosed area of 2,315 m², this eight-storey commercial building is fully compliant with the Golden Visa programme and suitable for conversion into an apart-hotel or a residential project. In the residential conversion scenario, approximately 50 apartments can be created, achieving high earnings through individual Golden Visa sales, while the apart-hotel model can generate a regular income stream.
Total Area: 2,315 m²
Basement: 100 m²
Ground Floor: 275 m²
Mezzanine: 170 m²
Floors 1–6: 235 m² (each floor)
7th Floor: 200 m²
8th Floor: 160 m²
Price: €3,250,000
Delivery Status: Immediate delivery
Payment: Cash
Eligibility: 100% compliant with the Golden Visa
The building is located in one of the central areas of Athens, in the hotel district. As this area is at the heart of the tourism and hospitality sector, it is highly attractive for an apart-hotel investment. Zoning and infrastructure possibilities in the area offer serious opportunities for investors. In an area with heavy pedestrian and vehicle traffic, both the residential and commercial potential are very high.
The building's location is within walking distance of central locations. Important places in the immediate surroundings:
Metro Station: 350 metres
Omonia Square: 700 metres
Monastiraki: 1.1 km
Acropolis: 2.5 km
Athens Central Railway Station: 1.2 km
This provides easy access for both tourists and long-term tenants.
This building guarantees investment gains not only for today but also for tomorrow. Thanks to its compliance with the Golden Visa programme, it offers the opportunity of a residence permit in Europe, while a residential or apart-hotel conversion can provide substantial capital gains and rental income in the medium and long term. The project is also suitable for joint purchase by several investors or for strategies of selling in parts.
Status: Commercial building (convertible to residential)
Number of Floors: 8 floors + basement and mezzanine
Potential: Residential conversion of up to 50 apartments
Alternative Uses: Suitable for an apart-hotel, health centre or office complex
Ready for delivery.
Cash payment is accepted.
High square-metre advantage
Golden Visa compliant investment model
Central and touristic location
Residential and commercial conversion potential
Possibility of both short- and long-term rental income
Reception
24/7 Security
Gym
Spa
Storage
Solar Panel
Elevator
Restaurant
Cafe
Working Space
Smart Home Systems
Fire Alarm
Generator
Satellite System
Fire Escape
Omonia
