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Description
Former 4-Star Hotel for Sale in Vouliagmeni – A Unique Redevelopment Opportunity
Located in the heart of Vouliagmeni, one of the most prestigious and rapidly growing areas of the Athenian Riviera, this iconic hotel property presents a rare investment opportunity. Licensed and operated as a 4-star hotel with 72 rooms until 2013, the building is now available for sale in its current condition, free from any commitments, offering significant redevelopment potential.
Property Overview:
Total Land Area: 1,275 sq.m.
Total Built Area: 2,939.28 sq.m. across 7 above-ground levels
Additional Underground Space: 225 sq.m. (auxiliary use)
Outdoor Facilities: 7 private parking spaces
Building Layout:
Basement: 225 sq.m. (storage/auxiliary space)
Ground Floor: 585 sq.m. (former reception, lobby, common areas)
First Floor: 404.38 sq.m.
A-B-C-D Floors: 403.42 sq.m. each
Top Floor: 336.22 sq.m.
Key Investment Highlights:
✅ Prime Location: Situated in Vouliagmeni, a luxury destination known for its exclusive real estate, upscale tourism, and high-end lifestyle
✅ Redevelopment Potential: Ideal for hotel renovation, luxury residences, serviced apartments, or a private members’ club
✅ Proximity to Key Landmarks: Minutes from Vouliagmeni Beach, the world-famous Lake Vouliagmeni, 5-star resorts, fine dining, and elite yacht clubs
✅ Strong Market Growth: Vouliagmeni is experiencing significant real estate appreciation, driven by ongoing luxury developments and high demand from international investors
✅ Strategic Accessibility: Just 25 minutes from Athens International Airport and 30 minutes from the city center, making it an ideal destination for high-net-worth individuals
With luxury tourism and real estate booming in the Athenian Riviera, this property offers a prime opportunity for developers, hospitality investors, or those seeking to create a landmark destination in one of Greece’s most sought-after coastal locations.
Important Notice
The property's energy performance certificate is under publication and will be available prior to the completion of the transaction, in accordance with applicable legal requirements.
This ad is non-contractual and disclaimer.
The information contained in this advertisement is provided for information purposes and has no legal value. All measurements, features and other details are subject to verification and subject to change without notice. The responsibility for the information concerning the property (area, condition, compliance of facilities) rests exclusively with the owner. Our office bears no responsibility for possible inaccuracies.
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The expert's contact details (phone and e-mail) are available at the bottom of each ad on our website. Feel free to view our other properties on or ibp.be
Real estate agency fees in Greece
Buying and selling: The brokerage fee for buying or selling a property is 2%, plus VAT (24%).
Rent: The real estate agency fee corresponds to the amount of the rent, plus VAT (24%).
Documents required for visits
For each property visit, it is mandatory to present an identity card or passport, as well as the tax number of the interested buyer, according to law 4072/11.4.2012.
Overview
Property ID:85486862
Reference Id
10770DIMP
Type:
Building
Bathrooms:2
Floors:8
Square:2,900 m²
Construction Year:1972
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