The hotel is located in the historical part of Athens, in Plaka area, which is one of the most beautiful and unique neighborhoods of the capital. There is offered for sale in the heart of Athens a hotel of 16 rooms The basement ( which is used for storages ) was built in 1840 as also the ground floor where is the office-lobby. The 1st floor was built in 1870 and the last floor in 1910 with total 16 rooms. The property located in Plaka is currently leased from a company with a contract till 2024 with 84. 000 euros per year Plaka is the oldest section of Athens where most of the streets have been closed to automobile traffic. It began now an area of restaurants, Jewelry stores tourist shops, and cafes. Though it is quite commercialized it is still a neighborhood and arguably the nicest neighborhood in central Athens Plaka is located in the shadow of the Acropolis, the Plaka is like a village within the city, an island for those who don't have the time to visit the Greek Islands.