
According to information, the Hellenic Parliament is in exclusive negotiations for the lease of the Bodosaki Megaron building, which was selected as the preferred investor after the evaluation of the binding offers.
In this context, a special committee is to be formed, where the terms of the agreement will be discussed and fixed.
The proposal of the Parliament foresees the payment of rent of 2.9 million euros on an annual basis or 255,000 euros to 260,000 euros per month for a period of five to ten years.
The Parliament, if everything goes smoothly, intends to transfer to the emblematic property several of its services that are currently housed in various places in the wider area of the center. In this way, as sources in the know say, it will save resources while having better supervision of its services, since they will be concentrated in one building.
The duration of the lease, as well as the price, are subject to negotiation. In no case, however, the Parliament is going to give more money than it currently spends on housing its services in the different parts of the center of the capital.
The bidding process
It is recalled that the process of leasing the historic building started at the beginning of the summer.
The submission of the binding offers by the prospective investors, which was accompanied by a letter of guarantee to the amount of 1 million euros, was completed about ten days ago and the evaluation by the Bodosakis Foundation and the consultant of the process, Savills HELLAS, began.
The building housed Eurobank’s headquarters for many years. The bank, which is moving to a privately owned building on Stadiou street, will have to vacate the Bodosakio Megaron by the end of the year.
Among the proposals that the Foundation has accepted for the way to utilize the property, in addition to offices, is its conversion into a hotel.
Designed by Ploumistos
The symmetrical corner Bodosakio Megaron on 20 Amalia Avenue and 5 Souri Avenue is an emblematic building in the history of Athens. It bears the signature of Andreas Ploumistos, a founding member of the Hellenic Architectural Society and combines classical and modern architectural elements with high aesthetics.
Its construction began in 1949 and was completed in 1958, with a total area of 12,819 sq.m. and 6 floors. The building has an unobstructed view of the National Garden, but also of the important landmarks of the city center: Lycabettus, the Parliament, the Kallimarmaro Olympic Stadium, the Columns of Olympian Zeus, and the Acropolis.


Latest News

The ‘Hot Spots’ in Greece for Holiday Properties
New holiday home projects are emerging across Crete

Bank of Greece Governor Rules Out 13th and 14th Salaries
Regarding the European Central Bank’s next moves on interest rates, he indicated that he does not foresee significant changes in monetary policy for the time being

Trump-Putin Call on Ending Ukraine War Set for Tuesday
Trump announces he'll discuss a potential Ukraine-Russia ceasefire with Putin on Tuesday. The U.S. President is cautiously hopeful talks can end the Ukraine war after positive U.S.-Russia negotiations in Moscow.

Newly Appointed Dep. Development Minister Aristos Doxiadis Resigns
His resignation has been accepted by the Prime Minister, and his replacement is expected to be announced in the coming days

Metropolitan Ioannis of Korce New Archbishop of Albania
Following the announcement of the election, church bells rang joyfully in Orthodox churches across Albania

Greece Faces Renewed Fears of Water Crisis Ahead of Summer 2025
Following a prolonged drought that began in 2024, fears of a water crisis highlight the urgent need for infrastructure improvements

Harvard, Yale, Columbia, and More Seek Collaboration with Greek Unis
Greece's former Minister of Education Kyriakos Pierrakakis announces an €82 million funding boost to support the partnerships

Greek Government Reshuffle Brings in More Young Technocrats
Greek PM Mitsotakis has brought in younger leaders and technocrats in a bid to accelerate the government's efforts at modernization and efficiency, according to New Democracy insiders

Greece’s New Government Members Sworn in at Presidential Mansion
Greece's new government members were sworn in on Saturday morning and head straight to work through the first meeting of the new cabinet.

Moody’s Upgrades Greece to Investment Grade, Ending Crisis Era
The rating agency raised Greece’s long-term credit rating to Baa3 from Ba1, with a stable outlook.