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Newly Established Hotel for Sale in Athens, Greece

Athens hostel and property seeking buyer for established tourism and accommodation operations.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 164 thousand
EBITDA Margin 30 - 40 %
Industries Hotels
Locations  Athens
Local Time 1:59 PM Europe / Athens
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 660 thousand (Native Currency: EUR 580,000)
Reason: Due to the unexpected passing of a family member who was also a business partner, the business is be... View More
Includes physical assets worth USD 510 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Nely started, fully operational hospitality business in Athens combining hostel-style accommodation with private room rentals.
- Offers 16 beds and 4 private rooms, catering to budget travellers, tourists, backpackers, and short-stay visitors.
- Maintains strong occupancy levels of approximately 80–90%, supported by its strategic location and tourism demand.
- Revenue generated through bed rentals, private room bookings, and short-term accommodation services.
- Located in a quiet residential neighborhood just minutes from metro stations, bus stops, traditional restaurants, and key city attractions.
- Property includes 2 bathrooms, a shared kitchen, living room, 2 balconies, garden space, and dedicated parking for bicycles and motorcycles.
- Business and property are being sold together, providing ownership of both the operating asset and underlying real estate.
- Features recently installed beds, mattresses, appliances, air-conditioning systems, electrical infrastructure, and plumbing, supported by invoices and documentation.
- Property is free from encumbrances, with all legal documents prepared for immediate transfer.
- Holds a valid tourism license required for hospitality operations in Greece.
- Turnkey operation suitable for investors seeking an established accommodation business with strong occupancy and minimal transition requirements.
Products & Services Overview
Hostel beds and private room accommodation for international tourists, backpackers, and short-stay travellers visiting Athens.
Assets Overview
Tangible assets include a two‑storey property with all fixed equipment.
Facilities Overview
The property is fully owned and comprises 16 beds with 4 private rooms, supported by 2 bathrooms, a kitchen, living room, balconies, garden, and open parking for bicycles and motorcycles.
It is equipped with new beds, mattresses, electrical appliances, air‑conditioners, installations, and plumbing, all backed by invoices. With a total capacity to accommodate 21 guests at a time, the property is debt‑free, without encumbrances, and all documentation is ready for immediate transfer, including passed‑on contracts.
Capitalization Overview
The business is fully owned, debt‑free, with no outstanding loans, and is currently operated by a single proprietor.
Recent Activity
  • Earlier than 15 days
    Real Estate Agent, Neo Psychiko, Commercial Real Estate Broker connected with the Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Buyer contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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