The building is a listed building (Government Gazette 185- 30/3/1989) located in the historic center of Athens in one of the most commercial areas of the city at the corner of Athinas, Evripidou, and Aristogitonos Streets, right next to the VARVAKEIOS AGORA. Comparing the performance of relevant hotels, an informal and rough estimate shows that for the city centre area a room in a four-star unit yields 80% occupancy (292 days of occupancy x 70€ average daily rental estimate = 20.440€ gross flow). The upgrading of the area, its commerciality and the need to accommodate visitors to the city are gradually creating the right economic conditions for the exploitation of the entire building. In these circumstances, this property, with the exploitation of the ground floor shops and the forty rooms on the floors, is estimated to generate a net income of over 600,000€ per year. The construction work required for the complete restoration of the building and the landscaping of the interior includes the following works: general demolition, reinforcement of the building's façade, renovation of the building's exterior, and the construction of the interior. The average cost of the above works is estimated at ? per m2 of horizontal surfaces. Plot 471,90 sq.m., Coverage 100% Levels: 5: Basement, Ground floor, Loft, A! floor, B! floor Year of construction: 1875 Levels layout: Basement: 471,90sq.m., Ground floor: 457,00sq.m., Attic: 457,00sq.m., 1st floor: 452,40sq.m., 2nd floor: 452,40sq.m. Total gross floor area: 2.290,70sq.m.