Monastiraki is one of the busiest parts of the historic centre, with the flea market on Ifestou Street, Hadrian's Library and the Roman Agora a few steps from the square. The buildings are mostly old and many are listed, with shops at street level, and a large number have been converted into hotels, offices or homes.
Monastiraki station serves Line 1 towards Piraeus and Kifissia, and Line 3, which runs to the airport without a change. Syntagma is a few minutes' walk away. By car, Piraeus is about 20 minutes and the airport about 40 minutes.
Tourist footfall and a position at the heart of the city keep demand high for entire buildings, for renovation or conversion into hotels and office buildings, with steady interest from international investors.
Sold
Building 1.808 sq.m, for sale
ID. 2216
€ 4.150.000
A 1,808 sq.m building in Center Monastiraki is offered for sale in one of central Athens's most accessible and high-footfall neighbourhoods, with immediate proximity to public transport.
The property consists of two adjacent, identical buildings. Each one comprises a basement, ground floor, mezzanine, eight upper floors and a usable rooftop — a configuration that allows flexible allocation of uses across levels, whether operated as a single entity or in distinct sections.
Both buildings are in good condition and carry an Energy Class C rating. An architectural study has assessed the potential to configure up to 26 rooms, pointing clearly toward hospitality development as a primary direction. The buildings were constructed in 1990.
The asset suits investors or developers seeking large-scale, centrally located premises in Athens, backed by an existing architectural framework for conversion or repositioning.
Overview
Property Type
Building
Purpose
For sale
Zoning
General Residential Zone
Property Size
1.808 sqm
Year Built
1990
Energy Details
Energy Class
C > 100% – ≤ 125%
About the neighborhood
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