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Exclusive Commercial for Sale in Athens - Attikis

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Commercial Description

The business for sale has valid licenses in place, such as EOT and special hotel property permit - which is very rarely to find within Athens's hotel business world.

Guests can enjoy a pleasant stay in one of the fifty nine (59) sunny, comfortable and elegant fully equipped rooms, and use the cafeteria and restaurant.

The building is the highest in the close-by area and first constructions started back in 1962; operating for the 1st time in 1964.

In 2001 the hotel was totally renovated to fulfil nowadays requirements.

The measured surface is 2.518,41m2, arranged on eight (8) floors plus basement area.

* Basement = not measured
* Ground floor = 52,21m2
* 1st floor = 339,87m2
* 2nd floor = 340,59m2
* 3rd floor = 340,59m2
* 4th floor = 340,59m2
* 5th floor = 340,59m2
* 6th floor = 298,45m2
* 7th floor = 257,10m2
* 8th floor = 208,42m2

Interested investors do have the possibility to purchase

* The entire building including business permits for 3.300.000¤

or

* 1/3 of the entire building including business permits for 1.100.000¤ plus monthly acquittance of 5.000¤ (analogous to the remaining 2/3 of the remaining asking price)


Location

A cosmopolitan metropolis; modern Athens is central to economic, financial, industrial, political and cultural life in Greece. Athens is attracting thousands of visitors each year and Athens is not what it used to be. It is better. What they have done to Athens to prepare for the Olympics is turn a city, known for its faults as much as its assets, into one of the most walk able, livable, exciting, art, music and entertainment centers in the world.

By unifying all the antiquities with parks and pedestrian streets and avenues and tying them in with the nightlife areas of the Plaka, Psiri and Thission they have created a model that other cities are sure to follow. With the new highways that divert traffic from the downtown they have not only made the city streets safer and the air cleaner but they have made it easier to get in and out of town by car, bus or taxi. The new metro makes the trip to the airport and the port easier and opens up new neighborhoods to visitors who used to be confined to an island downtown surrounding the Acropolis. The coastal tram means you can get on one of the new air-conditioned light-rail cars and go to the beach, or shop and have dinner in the coastal suburbs. Athens is no longer a city that it takes awhile to get-to-know before you actually like it.

Athens is entering a second Golden Age. The museums and galleries are renovated, air-conditioned and bigger and better with more opening every week. The streets are clean, hotels have all been renovated and restored, many made accessable to the disabled. The restaurants, taverns, cafes, clubs and bars stay open late and as many who came for the Olympics discovered, ATHENS ROCKS like no other city on earth. And if you prefer a more quiet Athens there are parks and quiet neighborhoods that will suit you too. What this means is that anytime of the year Athens is entertaining, whether it is your stop-off on the way to and from the Greek Islands in the summer or if you visit during the 3 other seasons and use it as your base for daytrips to explore the Peloponnesus and the mainland.

Athens has something for everybody and suddenly the Athenians have good reason to be proud of their city.


Why Greece?

* It has strict build density regulations, which will avoid major developments in future and thus overbuilding
* Only 3½ hours from London and many European cities making it a viable weekend break holiday destination
* Voted by the Lonely Planet Guide 2010 as one of the top 10 countries in the world to visit

Price (Euros) 3300000

Build area (m2) 2518,41

Levels 8

Property State Good Condition

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Approximate price of this 0-Bed Commercial
€3,300,000 EUR | 
£2,640,990 GBP | 
US$4,140,180 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 1131883 
Area Athens
Town Athens 
Province Attikis 
Country Greece  
Type Commercial
Category Re-Sale  
Listed over 6 months ago
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Map of Athens, Attikis, Greece


Real Estate Agent Listing this Property

Agent Theinternationalrealty.com
Listing Since 21 October 2008
Property Listings View all properties from this agent


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Price: €3,300,000
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Purchase this Commercial in Athens for

€9,683p/m

(70% LTV, 6% Interest Rate, 20 years)

(Subject to status. Information given for guidance purposes only.)

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