£858,356
(€175/sq. ft)
€1,000,000
Retail premises for saleΘάσος, Kavala, Greece
13 receptions
5,705 sq. ft
About this property
For Sale Hotel 530 m² On The Island Of Thassos
Hotel Property for Sale | Limenas, Thassos
In a prime location in Limenas, the capital of Thassos, just 250 meters from the sea, the old harbor, traditional tavernas, the ancient theatre, and the island’s main attractions, a hotel property of architectural and historical value is available for sale - ideal for conversion into a high-standard boutique hotel.
This is a rare property of distinctive aesthetics, combining a unique location, traditional stone construction, and rich cultural heritage.
History & Architecture:
The building was constructed in 1910 by the renowned architect Pierre Devabez to serve as the private residence of the island’s President. In the early 1970s, it was renovated and converted into a hotel, with a second major renovation completed in 2014.
To this day, the property retains its stately character, with stone masonry, wooden aesthetic details, and landscaped outdoor spaces that blend the charm of tradition with the demands of modern hospitality.
Key Features:
Total building area: 530 sq.m.
Plot size: \~800 sq.m.
Rooms: 13 guest rooms with expansion potential
Structure: Traditional stone
Windows: Synthetic, wood-look frames with double-glazed energy-efficient glass
Heating: Central oil heating
Power: Three-phase electricity
Additional plot: 900 sq.m. (optionally available), suitable for residential or hospitality development
Layout:
Ground floor (120 sq.m.): Kitchen, breakfast area (winter operation), staff and storage areas, with access to the garden
First floor (178 sq.m.): Reception, central lounge, 6 guest rooms (3 on each side)
Second floor (180 sq.m.): Secondary lounge, 7 guest rooms
Loft (160 sq.m.): Unfinished, with existing balconies and panoramic views of the sea and the mountains. Offers the potential for additional rooms or luxury suites, based on the future owner’s investment vision
Outdoor Space:
Garden (200 sq.m.): Landscaped with plantings, ideal for outdoor breakfast service or guest relaxation
Investment Outlook:
The property operates during the tourist season (May–October), generating annual revenues from bookings of €70,000–€100,000. This performance is achieved without additional investment, highlighting its growth potential.
With modest upgrades in room quality and services, both nightly rates and occupancy levels can significantly increase.
The hotel maintains a loyal client base from Greece and abroad, while its historic character has consistently attracted well-known names in the arts and culture.
This is a rare opportunity - a property with history, character, and strong investment potential, in the most central point of Thassos. An ideal choice for transforming into a boutique hotel with a distinct identity in the local market.
Hotel Property for Sale | Limenas, Thassos
In a prime location in Limenas, the capital of Thassos, just 250 meters from the sea, the old harbor, traditional tavernas, the ancient theatre, and the island’s main attractions, a hotel property of architectural and historical value is available for sale - ideal for conversion into a high-standard boutique hotel.
This is a rare property of distinctive aesthetics, combining a unique location, traditional stone construction, and rich cultural heritage.
History & Architecture:
The building was constructed in 1910 by the renowned architect Pierre Devabez to serve as the private residence of the island’s President. In the early 1970s, it was renovated and converted into a hotel, with a second major renovation completed in 2014.
To this day, the property retains its stately character, with stone masonry, wooden aesthetic details, and landscaped outdoor spaces that blend the charm of tradition with the demands of modern hospitality.
Key Features:
Total building area: 530 sq.m.
Plot size: \~800 sq.m.
Rooms: 13 guest rooms with expansion potential
Structure: Traditional stone
Windows: Synthetic, wood-look frames with double-glazed energy-efficient glass
Heating: Central oil heating
Power: Three-phase electricity
Additional plot: 900 sq.m. (optionally available), suitable for residential or hospitality development
Layout:
Ground floor (120 sq.m.): Kitchen, breakfast area (winter operation), staff and storage areas, with access to the garden
First floor (178 sq.m.): Reception, central lounge, 6 guest rooms (3 on each side)
Second floor (180 sq.m.): Secondary lounge, 7 guest rooms
Loft (160 sq.m.): Unfinished, with existing balconies and panoramic views of the sea and the mountains. Offers the potential for additional rooms or luxury suites, based on the future owner’s investment vision
Outdoor Space:
Garden (200 sq.m.): Landscaped with plantings, ideal for outdoor breakfast service or guest relaxation
Investment Outlook:
The property operates during the tourist season (May–October), generating annual revenues from bookings of €70,000–€100,000. This performance is achieved without additional investment, highlighting its growth potential.
With modest upgrades in room quality and services, both nightly rates and occupancy levels can significantly increase.
The hotel maintains a loyal client base from Greece and abroad, while its historic character has consistently attracted well-known names in the arts and culture.
This is a rare opportunity - a property with history, character, and strong investment potential, in the most central point of Thassos. An ideal choice for transforming into a boutique hotel with a distinct identity in the local market.
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