The historic building in the heart of Athens which housed the headquarters of New Democracy for many years will now be turned into a luxury hotel.
The iconic building, located at Rigillis Street number 18, only a block away from Maximos Mansion and the Presidential Mansion, was the home of Greece’s conservative party until the height of the economic crisis.
Current New Democracy president Kyriakos Mitsotakis decided to move the party headquarters to a larger building in the humble Moschato neighborhood to cut operation costs. The rent on Rigillis Street was high and the building was small that some of the party services had to be headquartered in other premises.
The new owner of the building is the firm called “Botanical Garden Julia & Alexander N. Diomedes.” According to a Tornos News report, the lease has already been signed between the new owners and the hotel company called The Margi, SA.
The building will be leased for 50 years at 16,000 euros a month, while the estimated costs for reconstruction will reach 1.68 million euros.
Constantine Karamanlis decides to house the new party at Rigillis
The Rigillis building served as the home of the New Democracy Partyever since it was founded by Constantine Karamanlis in 1974. He chose that particular building because it is an architectural masterpiece, a true gem of Athens.
The neoclassical building is the work of the architect Anastasios Metaxas, who lived from 1862 to 1937. Metaxas was one of the most important architects of his time, competing with Austrian Ernst Ziller, who built the King’s Palace (which later became the Parliament building) and many other historical buildings in Athens.
Metaxas’ works include the Presidential Mansion on Herod Atticus, the Palace of Prince Nicholas and Queen Sofia, which now houses the Italian Embassy, and the Andreas Sygros Hospital.
The floor plans follow the layout of private hotels in nineteenth-century France and England. The edifice has a magnificent marble staircase leading to the first floor and to the three large reception rooms, lounges and dining areas. Equally impressive is the rear view of the garden, with elements from the tower villas built in areas such as Kifissia in the 19th and early 20th century.