Unique Offer: 3-Story Building in the Heart of Athens with Boutique Hotel Project
Unique property in the heart of Athens with an approved construction permit
KERAMIKOU MANSION RESIDENCES
Completed Renovation Investment Project in Athens
Keramikou Mansion Residences was a rare renovation investment project in the historic center of Athens.
The project was based on a 3-story building with a total area of 622 sq.m. and a 262 sq.m. plot of land. At the time of acquisition, the property had approved project documentation and a renovation permit issued by the Greek authorities, making it a distinctive opportunity on the Athens market.
The concept was developed for a boutique hospitality or premium rental scenario, with the potential to transform the building into a high-quality income-generating property after renovation.
This project is presented as a completed investment case from Markov Property Development S.A.’s portfolio and reflects the company’s experience with investment-oriented real estate in Greece.
Status: Sold
The project was based on a 3-story building with a total area of 622 sq.m. and a 262 sq.m. plot of land. At the time of acquisition, the property had approved project documentation and a renovation permit issued by the Greek authorities, making it a distinctive opportunity on the Athens market.
The concept was developed for a boutique hospitality or premium rental scenario, with the potential to transform the building into a high-quality income-generating property after renovation.
This project is presented as a completed investment case from Markov Property Development S.A.’s portfolio and reflects the company’s experience with investment-oriented real estate in Greece.
Status: Sold
LOCATION
- 450 m to the Metaxourgeio subway station
- 900 m to the Monastiraki Square
- 1,5 km to the Plaka
- 1,5 km to the Acropolis of Athens
- Numerous shops, restaurants, coffee shops and bars are within walking distance
PROJECT DETAILS
Keramikou Mansion Residences combined a central Athens location, existing building structure, approved renovation documentation and a boutique hospitality concept.
- TOTAL AREA622 sq.m + 262 sq.m plot of land
- BUILDING LICENSELicense for renovation issued by Greek authorities
- PROJECT DOCUMENTATIONProject documentation for renovation approved by Athens authorities
With this property
the new owner saves at least 3 years on project development and obtaining the necessary licenses
for renovation of the building.
the new owner saves at least 3 years on project development and obtaining the necessary licenses
for renovation of the building.
INVEST IN ATHENS
Unique property with approved construction permit and ideal location for short-term rental or hotel business
KEY FEATURES
- Ideal LocationLocated in the heart of Athens, this property offers easy access to the city’s top attractions, making it an ideal location for short-term rentals or a hotel business.
- Approved Construction PermitThis property comes with an approved construction permit and all necessary documentation, saving you up to 3 years of waiting and bureaucratic processes.
- Economically ViableThis property is the only one on the market with a ready-to-go permit, making it not only an attractive purchase but also an economically viable one.
- High Income PotentialThe possibility to create a hotel with 12 double-room units or premium apartments for top-tier rental income.
The project was designed with long-term rental and resale potential in mind, subject to market conditions, redevelopment quality and property management strategy. - Extra Benefits
- 24/7 Concierge Service: Enhance guest and resident experiences with round-the-clock personalized assistance, ensuring top-tier hospitality and convenience at all times
- In-House Cleaning Services: Offer unparalleled comfort and ease with an on-site cleaning service
- Private Rooftop Garden with BBQ & Lounge Area: Elevate the luxury factor with an exclusive rooftop oasis, featuring a BBQ and stylish lounge space.
CONTACTS
+30 698 006 3278
info@mpdgreece.com
info@mpdgreece.com