Athens,Hotel,Rooms 109,PRSa5100

Athens, Athens

Property Description

Rooms:106 + 3 suites + 50 rooms/suites

Price: € 3,800,000 net + commission (nonnegotiable)

Estimated renovation cost: € 4,500,000 including the extra suites

Government / objective price: € 9,000,000 (existing stage)

Completion: 20 months*

*After the issue of the construction permit

*Permit for serviced apartments

Pool:2

Annual return, net after taxes: 10-15%

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