Offered for sale a 5-storey hotel of 580 sq.m. with 10 luxurious suites
in the area of ​​Neo Psychiko

The municipality of Neo Psychiko borders with the Municipality of Athens, thus forming the transition from the Center of Athens to the northern suburbs, a municipality with a model of social sensitivity and care for the citizens that meets the needs of today and invests in tomorrow.

Within the community the streets are built with a strict urban plan and there are 10 squares, as well as several parks.

The area is served by the blue line metro stations of Panormou (14 minutes walk - 1 km from the property) and Katehaki (8 minutes walk - 600 meters from the property), as well as multiple bus lines pass through Kifissias Avenue. Also with the delivery of the B 'Stage of the new Metro Line 4, which is expected to be completed in 2030, the area will gain access to 2 more stations a short distance.

With 15,000 active inhabitants, the Municipality of Neo Psychiko cultivates and develops its relations with Municipalities and cities from all over Europe and the world, participates in the most pioneering networks of cities and is in constant cooperation with EU and UN expert bodies, working with them proposals for joint action programs.

The Municipality of Neo Psychiko received the European City Clean Prize and was distinguished among 10,000 cities around the world for green initiatives and cleanliness in public places since the UN Conference on HABITAT II in Istanbul in 1996.

By creating the first Greek Environmental Education Park in 1992, the municipality implemented pioneering programs to raise awareness of the environment for the public, with a repercussion far beyond the boundaries of the Municipality and the country.

Each year thousands of children (mainly schools of all levels of education) from across the country and from Europe visit the Environmental Education Park, where dozens of environmental events take place.

The first in the whole country, the Municipality of Neo Psychiko implemented the European Paper - Glass - Aluminum Recycling Program since 1988.

Member of the Environmental Initiatives Council with participation in the International Forum on the Environment, the Municipality of Neo Psychiko has prepared a pilot Environmental Management Program for local businesses as well as a program for procurement of ecological products and supplies.

Building Elements

•  5 floors of luxurious suites
•  Reception area on the ground floor
•  Elevator
•  3 parking spaces

Basic features

•  Fully furnished luxury suites
•  High quality finishes
•  Double glazing
•  Designing energy efficiency
•  High thermal and acoustic insulation
•  Wi-Fi and high-speed cable internet

The property is leased and exploits as a hotel with a monthly rent of 7,200 euros!

The above rent is fixed until 05/31/2021.

Increase as of 01/06/2021 by 2%.

Rental period: until 31/05/2039

Transaction tax is  3.09%