Description
Building for sale in Exarcheia. A rare neoclassical corner building of 1,003 sq.m total built area, set on a 233 sq.m plot in the heart of Exarcheia — one of Athens’ most dynamic and culturally significant urban districts. Originally constructed in 1930, with additions completed in 1956, the property preserves its architectural character while offering substantial redevelopment potential.
The building extends across a ground floor and three upper levels and benefits from two elegant façades, three independent entrances, and a fully operational elevator installed in 1956. A private backyard enhances usability, while the rooftop offers panoramic views across the city skyline and towards Lycabettus Hill, creating an exceptional hospitality or lifestyle opportunity. Energy Class H.
A key advantage of this asset is the existing permit allowing an additional 100 sq.m of construction, securing immediate expansion upside and increasing total development capacity.
The property is ideally positioned for conversion into a boutique hotel of approximately 26 units, with the rooftop offering strong potential for a hospitality venue, lounge, or bar concept with landmark city views. The corner positioning, neoclassical character, and multiple access points provide architectural flexibility for repositioning into a luxury or lifestyle hospitality asset.
Situated in central Athens, the building benefits from year-round demand driven by tourism, students, academics, and creative professionals. Exarcheia is a well-known cultural district characterized by independent bookstores, cafés, restaurants, and vibrant nightlife.
Distances:
• Bus stop: 0.1 km
• Strefi Hill: 0.1 km
• Omonia Square: 1 km
• Syntagma Square: 1.2 km
• Athens Central Market: 1.2 km
• Acropolis of Athens: 2 km
• Athens International Airport: 30 km
This is a prime corner asset with architectural heritage, secured expansion rights, and clear value-add through repositioning. The combination of neoclassical identity, central location, and hospitality conversion potential positions the property as a strategic acquisition within Athens’ expanding urban hospitality market.
Building for sale in Exarcheia. Location Information:
Exarcheia is one of the most authentic and liveliest areas in the center of Athens located between Omonia and Panepistimiou Ave.
The small neighborhood consists of cozy cafes and traditional Greek taverns serving delicious meals.
Small restaurants, known as mezedopolia with live Greek music are hidden in the narrow streets of Exarheia but they are the best places to enjoy the folklore music of Athens.
Underground bars and nightclubs for all music tastes can be discovered here. During the 1960s-1970s, Exarheia used to be the cultural center of the town, where most of the Greek artists, poets, and writers lived.
Today, it is known as a fashionable, easy-going place attracting mostly young people.
Read More
