Share in 4-star hotel under management of Wyndham, Piraeus
€250,000+
Cost
Property cost
€250,000+
Distances
Yield and management
Yield
3-5%
Property management
Yes
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 type
Hotel complex, Hotel, Apartments, Share
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
Properties
Location
Athens: Similar offers
Greece: best offers
Other offers
Let's discuss the details
Schedule a meeting at one of the offices or online. A lawyer will analyze the situation, calculate the cost and help you find a solution based on your goals.
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