Urban Hospitality Asset In Athens | Fully Operational Apartment Complex | Licensed Short Term Yield

Property Code: 7-404. In the heart of Athens — where the urban pulse meets timeless history — a rare, full-scale investment asset is offered for acquisition: a four-storey complex of 20 fully equipped serviced apartments, organised and operating as a complete hospitality unit, ready for immediate exploitation.

Just minutes on foot from Omonia Square, the METRO, and the city’s key cultural poles — the National Theatre, the National Archaeological Museum, the historic Monastiraki triangle, and the route to the Acropolis — the property occupies one of the most strategic zones in the centre, where visitor traffic, infrastructure upgrades, and tourism demand converge.

This is not a simple real estate purchase. It is the acquisition of a turn-key hospitality platform with structure, infrastructure, and proven performance history.

The Asset — At a Glance:
Total area: 1,449.99 m². 20 independent horizontal properties. Active short-term letting licence (A. M. A.). Energy Class B. Individually metered utilities. 20 heat pumps (one per unit). Lift. Roof lounge 246 m². Two basement levels with full operational support. Ground-floor café leased until 2027. Option for individual unit resale.

Sale price: €4,900,000.

Hospitality Infrastructure:
Each apartment is a fully equipped hospitality unit: Smart TVs, safe boxes, complete furnishing. Fully equipped kitchenettes with full appliance set. In-unit laundry equipment. Linen and towel inventory. Fire safety / first ai,Balcony seating. Premium bedding and operational supplies. The basement houses a complete professional linen management cycle with commercial machines, dryers, ironing systems, and cleaning equipment — a feature that dramatically reduces operating costs. The rooftop operates as a lounge zone with pergola, seating, sunbeds, and relaxation deck, delivering a hospitality experience that boosts ratings and repeat bookings.

Architectural & Concept Identity:
The complex was not designed merely for function. Its philosophy connects contemporary architecture with Greek cultural heritage: Proportions inspired by the Golden Ratio. Materials that reinterpret stonework and column rhythm. Design references to classical harmony. Philosophical echoes bridging past and present. The result is a differentiated hospitality product that stands out on booking platforms.

Performance Snapshot:
~€500,000 revenue post-stabilisation period, 15% platform cost, 12% management, ~7% average annual yield. Break-even ~14 years. Strong guest ratings and high repeat booking ratio confirm operational strength.

Strategic Investment Logic:
The new owner acquires: 
- An operational tourism vehicle.
- Portfolio optionality through individual unit resale.
- Built-in infrastructure.
- A cash-flow asset.
- Exposure to Athens centre’s rising market.
Long-term capital appreciation.
In a city where hospitality remains an economic pillar, fully structured assets like this rarely appear on the market.

Why This Asset Is Different:
Because here you do not buy square metres. You buy: location gravity, operational structure, guest experience, brandable platform, scalability, exit strategy. Through PANTOU REALTORS, you acquire an entire operational unit within the city. And that is the difference between a property — and an INVESTMENT ECOSYSTEM.