Hotel No.50 in Koukaki of Athens

For Sale


Property ID

780 m2





Hotel for sale in the Koukaki district of the Municipality of Athens, is located on a plot of about 130 m2, facing east of the main facade. It has 5 floors, on the ground floor and basement (2 floors in recess). It has in building permit is valid for 780 m2 of usable space, additional uncovered spaces 70 m2 (10 m2 x 7 floors) and terraces – balconies 58.5 m2.

It has a valid hotel license for 22 rooms with a capacity of 42 beds and a license canteen (BAR) for 40 people on the fourth floor, where the terrace overlooking the Acropolis.
The construction of the -initially- three-storey house on the ground floor of a family property, started in 1938 and then 2 additional floors were added (1959-1960).
The hotel has been operating continuously since 1983. It has been a permanent one care to keep the building in good condition, with continuous maintenance and
efforts for improvements (paints, plumbing maintenance, electrical, baths, heating, elevator, etc.). At the same time they are made repeated renovations of hotel equipment (mattresses, sheets,
curtains etc.).
The major complete renovation of the hotel took place in 2004 (with state and European grant), for the needs of the Athens Olympic Games.
All our rooms are air conditioned, with private bathrooms, individual exterior telephone lines, TVs, mini-bars, free Wi-Fi.
Listings for us are in major international travel guides a few million of which are: Lonely Planet, Frommers, Rick Steves, Fodors, Let’s Go, Michelin, Guide Routard et al.
The hotel is serviced by a lift for 2-3 people, storage facilities at basement and central heating and hot water (3 Boilers independent operation), provided by a 120,000 Kcal burner, which operates with its gas supply city ​​network. It is also connected to the water supply and sewerage networks city’s.

It is located 5 minutes walk from the Acropolis and the new international of the famous Acropolis Museum (Athens Archeological Museum) and 8 ’ from the area of ​​Plaka (old town). Served by most lines buses to the sea, the Southern Suburbs and Piraeus (from Syggrou – to distance 150 m. through the pedestrian street of Drakou street), while on the pedestrian street Drakou Street, the Syggrou-Fix Metro station of line 2 Sepolia-Dafni- Greek. The attitude of the trolleys for Syntagma-Omonia-Museum-Railways Stations etc. is 30 meters from the hotel, from where 3 lines pass trolley (No. 1, 5, 9). Also the tram line (Syntagma-Glyfada-Voula & Syntagma-
Piraeus) serves especially as it passes on Syggrou.

Hotel operation – Fullness
The average occupancy of the hotel is 68-72% and is basically ensured by
three axes:
A. The world-famous tour guides (Fodors, Frommers, Rick Steves, Let’s Go, Rough Guide, Michelin, Lonely Planet etc), where we refer to star as one of the best hotels in our area in our category. Through these guides customers contact us via e-mail / fax / telephone or as direct visitors. The main reference in the catalogs is for a clean, welcoming, helpful hotel with a rich breakfast on the terrace overlooking the Acropolis.
B. Through travel agencies worldwide (eg as well as from recommendations of current and past customers.
C. Through the Scandinavian Institutes and the Italian School of Archeology, located in our area, with individual reservations or groups. also some groups are repeated annually by universities abroad
(mainly USA).
The rating of the hotel by the organization Trip Advisor is very high (4.5 circles in 5).
Most bookings are made through a booking form from hotel website, by direct e-mail and / or by phone.

The hotel, due to its size and privileged location in its area Acropolis, remains unaffected by the conjunctural crises in tourism or by frequent demonstrations in the center of Athens.


Address: Koukaki, Athens
  • Country: Greece
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  • Property ID 5535
  • Price 2,400,000€
  • Property Type Hotels
  • Property status For Sale
  • Rooms 22
  • Bedrooms 42
  • Year Built 1938
  • Size 780 m2
  • Land area 130 m2

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Mr Dimitrios Roussalis

Property Agent
0030 698 423 9377
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