Greece

Ultimate hospitality investment in this fully renovated apartment complex, offering modern design, premium guest facilities, and strong rental performance in one of Athens’ most dynamic urban locations.

Further Information

This modern apartment complex combines contemporary design, hospitality functionality, and strong investment performance in one fully renovated turnkey asset. Originally constructed in 1955 and completely redesigned in 2023, the building now operates as a high-performing hospitality property with a Booking.com rating of 8.9 (“Excellent”) and an estimated net yield of 7–8% after expenses.

The complex offers a total built area of 1,450 sq.m and holds a transferable touristic license, providing a rare opportunity for investors seeking an immediately operational hospitality business in Athens. Classified with Energy Class B+, the property combines modern aesthetics with energy-efficient systems and optimized operational infrastructure.

The building consists of 20 fully furnished and fully equipped apartments, each featuring one bedroom and one bathroom, for a total of 20 bedrooms and 20 bathrooms. Every apartment has separate utility meters, modern air-conditioning and heating systems, and carefully curated interiors designed for short-term rental comfort and efficiency.

Each unit includes double or single beds with mattresses and bedside tables, sofa beds, Samsung Smart TVs, dining areas, wardrobes, and fully equipped kitchens with appliances such as stove, oven, hood, refrigerator, microwave, coffee machine, kettle, and washing machine. Apartments also come fully stocked with dishes, cookware, linens, towels, ironing equipment, hair dryers, safeboxes, first aid kits, and fire extinguishers. A unique decorative feature includes starry projectors, enhancing the guest experience. Private balconies with outdoor seating complete each apartment.

The building benefits from a professional operational setup, including a fully equipped laundry facility in the basement with semi-professional and professional washing machines and dryers, ironing systems, steam generators, vacuum cleaners, and storage infrastructure designed to support large-scale hospitality operations efficiently.

Residents and guests also enjoy access to a beautifully designed rooftop lounge area featuring outdoor furniture sets, hanging chairs, sun umbrellas, and a pergola-covered relaxation zone, creating an inviting social and leisure space with urban views.

An elevator serves all floors, while the ground floor includes a leased café space, providing additional commercial value and activity to the property.

Combining modern renovation, hospitality-ready infrastructure, proven rental performance, and premium guest amenities, this apartment complex represents an exceptional turnkey investment opportunity with immediate income potential and long-term growth prospects.

Location

Omonia is one of the most historic and central districts of Athens, located at the heart of the Greek capital and serving as a major commercial, cultural, and transportation hub. Known for its vibrant urban atmosphere and strategic location, Omonia connects some of the city’s most important neighborhoods and landmarks, offering immediate access to the historic center, museums, shopping streets, and business areas.

Over the past years, the area has experienced significant redevelopment and investment activity, transforming into one of Athens’ most dynamic and rapidly evolving districts. Modern hotels, serviced apartments, cafés, restaurants, and creative spaces have revitalized the neighborhood while preserving its authentic metropolitan character.

Omonia benefits from exceptional connectivity through metro lines, public transportation, and major avenues, making it highly accessible from every part of the city as well as from the airport and the port of Piraeus. Its central position attracts visitors from around the world throughout the year and makes it a key destination for tourism and hospitality investments.

Combining historical significance, urban energy, and strong development potential, Omonia stands out as one of the most promising and strategically located areas in central Athens.

Directions
20 min walk from Syntagma square
20 min walk from Monastiraki place
45 min drive from the Airport of Athens