In 2018, Human Point undertook the implementation of services that included real estate research /development & new business development, architectural design and total renovation construction works of a 3-storey, stone building situated in the historical center of Ermoupolis in Syros Island.
In the past decades the building has been used for residential purposes and later on as rented rooms. For the last twenty years, the building was let down to the consequences of time corruption. The property is literally on the seafront of the harbor, close to the arrivals of the ships with a spectacular view of the port, the sea and the sunrise.
The proposal was defined by the conclusions of the financial analysis and the respective 10+ year business plan. A 3 storey space was created suitable to host the services of a Boutique Hotel with 5 luxury suites.
Our main intention was the creation of a hotel unit that would reflect business confidence and high aesthetic design currently lacking in Ermoupoli. The challenge was, on the one hand, to achieve maximum business success and on the other hand, to encourage local population to embrace the idea that with a proper economic development management, their home country will have the potential to attract high-level tourism.
The new luxury hotel unit was designed with synthetic references to modern forms, traditional and contemporary structural materials and distinct morphological elements of the area.
The design of the project was determined by the relationship of three basic functional units: a. The entrance and vertical access to the 2nd and 3rd floor, b. The five suites which are located on the 2nd and 3rd floor, and c. The outdoor area.
The entrance consists essentially of a small reception area, elevator and staircase, a small private office and a storage room. The open 2-storey staircase dominates the space, whose final coating is a special quartz floor. Key design elements complement the space such as J. Harper's Marshmallow sofa and I. Maurer's Zettel lamp.
Three out of the five suites are located on the 2nd floor and 2 on the 3rd. Their tasteful and luxurious design has references of both local morphological elements and ethnic aesthetics. Guests can enjoy moments of relaxation with high amenities and aesthetics and a spectacular view to the harbor.
For all outdoor suite expansions deck floors and quartz floor applications were used.
On the 3rd floor two small infinity pools /jacuzzi were build, while on the 2nd floor, two wide open spaces with local plants were created.
All of the above, combined with the rapid completion of the project and the proper commercial management of the business contributed to the business investment achieving 35% goodwill immediately after its completion, and a return on investment exceeding 15% within the first months of operation.