A new effort is underway to reopen the former Xenia hotel in Komotini, northern Greece, with the state-owned Public Properties Company (ETAD S.A.) launching an open electronic bidding process for its long-term lease.
The tender involves leasing and redeveloping a site covering 18,205.16 sq m, which includes a currently non-operational hotel complex with a total built area of 1,889.10 sq m. The buildings consist of a ground floor of 1,389.72 sq m, an upper floor of 490.48 sq m, and a small chapel of 8.90 sq m.
The complex is arranged in two wings: one with guest rooms across a raised ground and first floor, and another with shared facilities including a lobby, restaurant, lounge-bar, three halls, and auxiliary spaces. The surrounding area features amenities such as a chapel, swimming pool, fountain, children's playground, and outdoor parking.
The hotel operated previously with a capacity of 24 rooms until 2013. According to the tender terms, the starting annual rent is set at 21,000 euros, with bidding increments of 5% above the highest existing offer. This is a lower entry point than previous attempts to lease the property.
In 2014, one year after the hotel ceased operations, an initial tender was launched but attracted no interest. Subsequent efforts to redevelop the site have also been unsuccessful. A previous starting price had been set at 35,000 euros annually.
The building was constructed in 1965 during the state-led Xenia hotel programme, under the direction of architect Dionysis Zivas. It is situated near Komotini's central square, a feature noted as an advantage due to its central location in the city.
The lease is for 40 years from the date the agreement is signed. The deadline for submitting participation documents is Thursday, 14 May at 14:00. Further details, including the full tender terms, are available through the electronic platform for public real estate assets.
