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For Sale

Hotel in Center of Thessaloniki, Thessaloniki - Municipality

Asset ID: 111
Unique ID: 1061



Property Description:
Independent hotel building comprised of 21 rooms with a total capacity of 50 beds. The building has a total surface of 948.25 sq.m. and consists of basement floor, ground floor, three typical floors with a surface of 135.14 sq.m. per level and three niche floors with surfaces of 112.98 sq.m., 90.85 sq.m. and 68.72 sq.m. respectively. The initial building was built in 1931 (Building License 72/26.03.1931 )and consisted of a basement floor, a ground floor and three floors. In 2007, the whole renovation and redevelopment of the building was completed with the conservation of the building’s listed façade and the building of another three floors ( Building License 1749/29.09.2003 modified in 2005). The building was granted listed status in 1993 (Government Gazette126/19.02.1993) and in 2000 (Government Gazette 174/29.03.2000), there was a modification of the initial decision that allowed the use of the building as a hotel and approved the building of the three additional floors. The hotel consists of basement floor in which the storage area, kitchen, boiler room, electrical room , changing rooms and staff toilets are located, the ground floor in which the reception and breakfast area / café of the hotel are located and the six floors in which the 21 rooms are located. The building’s internal connectivity is achieved through an internal staircase and an elevator. Central heating and cooling system has been installed to the property. At the back of the building there is an internal courtyard that is used by the hotel’s café. The property was operated between 2007 to 2017 as a four star hotel.

The property is located on 6 Grigoriou Zaliki Street. Grigoriou Zaliki Street is vertical to Filippou Street and Ioulianou Street and parallel to Venizelou Street and Ionos Dragoumi Street respectively. The property is just 150 m from Egnatia Street, the main roadway within the Thessaloniki City Center that connects East Thessaloniki and West Thessaloniki to the city’s center. Furthermore, the hotel is 450 m away from the Archaeological Site of the Ancient Roman Agora, 550 m away from the currently under redevelopment Modiano Market, 600 m away from Athonos Square, one of the city’s main entertainment and restaurant area, 700 m away from the Church of Saint Dimitrios, one of the city’s main byzantine and religious monuments and 800 m away from Aristotelous Square, the city’s central square. The area in which the property is located was characterised for a long period as the main cluster of low and average category hotels within the city center, with hotels operating on Olympou Street, Ionos Dragoumi Street, Egnatias Street and Antigonidon Street. However, the last three years, there has been a series of boutique hotels starting operating in the area (Superior One, Caravan, Antigon, Blue Bottle). The property is 130 m away from the under construction “Venizelou” station of the Thessaloniki Metro, 150 m away from a taxi rank and 250 m away from four bus stops that are used by 25 bus lines. The hotel is 1.5 km distance form the Thessaloniki Railway Station, 4 km away from the city’s Coach Station and 16 km away from Macedonia Airport. 20 m away form the hotel, there is the private operated underground parking “Parking Caravan Serai".



District: Thessaloniki - Municipality
Area: Center Of Thessaloniki
Sub-Area: Historical Center
Coordinates: 40.638361,22.942463


Price: €1,800,000
Objective Value: €1,016,447.17
Tax Value Per Year: €1,081.45

Property Assets

Investment Type: Hotel
Year of Construction: 2005
Rooms: 21
Floors Building: 7

Property Areas

Covered Area: 948.25m²
Plot Area: 193.82m²


Location map

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The Energy Performance Certificate (EPC) gives the building a standard energy and carbon emmision efficiency grade from ‘A’ to ‘G’ where ‘A’ is the most efficient and ‘D’ being the avarage to date.