Off-Market Hospitality Investment with Expansion Potential

Off-Market Hospitality Investment with Expansion Potential

We are pleased to present an exceptional off-market hospitality investment opportunity in the heart of Piraeus, Greece. Situated at the Port of Piraeus - one of Europe's busiest passenger ports - this asset offers investors the opportunity to acquire a strategically positioned asset with significant "value-add" and redevelopment potential.

The property extends to approximately 650 m² and comprises 20+ guest rooms arranged across three floors. While the hotel is presently closed and would benefit from refurbishment and modernization, it presents an attractive opportunity to reposition the asset to meet the growing demand for quality accommodation serving both leisure and business travelers.

A key differentiator of this opportunity is the existing building license, valid until 2028, permitting the construction of two additional levels, enabling the potential to substantially increase room capacity and enhance the long-term asset value.

Just steps away is Pasalimani Marina, with its vibrant waterfront restaurants, cafés and commercial activity. In this prime location, the property benefits from excellent connectivity, strong year-round demand drivers, and immediate access to the wider Athens metropolitan area.

Key Characteristics

Significant value-add opportunity through refurbishment and expansion. Suitable for repositioning as a boutique hotel, business hotel or short-stay accommodation.

• Approximately 650 m² built area

• 20+ guest rooms across three floors

• Building license valid until 2028 permitting construction of two additional floors

• Prime coastal location, with access to the Port of Piraeus and Pasalimani Marina

• Existing hotel furniture included within the sale

• Vacant possession available upon completion

  
  

Contact the Commercial Team and Ultra Aspire to request further information - NDA and buyer profile required.