Monastiraki 10 Boutique Studios

Boutique Studios in the Heart of Athens

This property consists of 10 fully renovated and fully equipped boutique studios located in Monastiraki, occupying the entire second floor of the building. The studios are already operating successfully as short-term rental accommodations and have established a strong presence in the market, making the property a mature and consistently profitable investment opportunity with a proven track record and steady income stream in Athens’ highly competitive tourism sector.

One of the property's strongest advantages is its prime location. Within walking distance are Monastiraki Square, the Acropolis, and the historic neighborhood of Thissio—some of the most visited landmarks in Athens throughout the year. The area is among the most vibrant and recognizable districts of the Greek capital, continuously attracting travelers from around the world for both leisure and business purposes.

In addition, the property's immediate access to public transportation, including a nearby metro station, as well as its proximity to shopping streets, restaurants, museums, and cultural attractions, significantly enhances demand and supports high occupancy rates throughout all seasons. The area's strong tourism dynamics contribute to the stability and sustainability of rental income.

Investment Yield Advantage

The sale includes both the real estate asset and the existing operating business, which will be transferred fully organized, with all necessary licenses, permits, and operational systems already in place. This enables the new owner to continue operations immediately without interruption or the need for additional licensing procedures.

The purchaser acquires a complete turnkey business model that generates income from day one, avoiding the preparation period, initial setup costs, and risks typically associated with developing a new hospitality operation from scratch.

With its thoughtful architectural design, efficient layout, and strategically selected location, this property represents a comprehensive investment opportunity with strong income potential and long-term value appreciation prospects.

Floor Area Breakdown

• Studio 1 (including reception area and linen storage): 50.98 sq.m.
• Studio 2: 27.00 sq.m.
• Studio 3: 25.42 sq.m.
• Studio 4: 23.56 sq.m.
• Studio 5: 22.79 sq.m.
• Studio 6: 23.44 sq.m.
• Studio 7: 20.77 sq.m.
• Studio 8: 28.66 sq.m.
• Studio 9: 18.67 sq.m.
• Studio 10: 19.37 sq.m.
• Additional Linen Storage Room: 6.50 sq.m.
• Staircase: 19.63 sq.m.
• Second Floor Common Corridor: 21.08 sq.m.