Share in 4-star hotel under management of Wyndham, Piraeus

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Greece, Athens
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ID GR7996

from €250,000

Elena Kozyrevaexpert of the Greece residence permit program for investment

Cost

Property cost

from €250,000

Distances

Sea 400 m
Infrastructure 100 m
Airport 41 km

Yield and management

Yield

3-5%

Property management

Yes

We will help you sell the object if you decide to exit the investment

Description

For sale is offered a 4-star hotel located in a center of business district of Piraeus (suburb of Athens, pedestrian zone). All the necessary infrastructure is located nearby: shopping centers, port (170 m), metro station (200 m), Piraeus Tower (350 m), Marina Zeas (600 m).

Piraeus is the largest Mediterranean port as regards to the passenger traffic and commercial activities. Many tourists and local residents consider it as a transit point to the islands of the Aegean Sea. 

The building consists of 7 floors and offers 59 apartments (rooms) and 6 suites. The total area is 2704 sq. m. 100 shares are being sold (€250,000 per 1 share). The guaranteed return is 4% for 2 years, then 70% of the net profit goes to the client, 30% to the management company (the well-known hotel brand Wyndham). The contract is signed immediately. 

Advantages of the project: 

  • guaranteed profitability 
  • bar/restaurant 
  • stylish gym 
  • library/work room 
  • luggage storage room
  • ironing room on each floor 

This property is applicable for 250 000 € investment option. 

Real estate

Object category

New

Object stage

Construction

Permits

Yes

Object completion date

April - June 2026

Design features

Ownership

Characteristics

Number of storeys

7

Bedrooms

1—2

Baths

1—2

Parking

Yes

Renovation

Standard

Furniture

Furnished

View

City, Road

Equipment

Central conditioning

Properties

Balcony
Elevator
Internet
TV
Terrace
Concierge desk
Gym
Restaurant
Roof garden
Public pool

Location