
Description
An exceptional opportunity to acquire one of Damascus’ most recognizable and historic hospitality assets.
Located on the iconic Marjeh Square opposite the Barada River, Omar Al Khayam Hotel has served as a landmark of the city since its opening in 1931. Situated in the heart of downtown Damascus, the property enjoys a prime location within walking distance of the Old City, Souq Al-Hamidiyah, the Umayyad Mosque, government institutions, and major commercial districts.
Occupying approximately 1,543 sqm and rising over multiple floors, the hotel contains approximately 80 guest rooms together with ground-floor commercial spaces and extensive hospitality facilities. The property benefits from excellent visibility and frontage on one of Damascus’ most prestigious squares.
Originally advertised as one of the city’s premier hotels, the property has nearly a century of history and remains a symbol of Damascus’ architectural and cultural heritage. The site offers outstanding potential as a luxury hotel, mixed-use hospitality project, branded residence, office development, or high-end commercial investment.
Property Highlights
- Prime location on Marjeh Square, Damascus
- Opposite the Barada River
- Established in 1931
- Approximately 1,543 sqm land area
- Approximately 80 guest rooms
- Multi-story landmark building
- Ground-floor commercial spaces
- Walking distance to Old Damascus and major landmarks
- Exceptional redevelopment and hospitality potential
- One of Damascus’ most historically significant hotels
Asking Price: €50,000,000
Whatsapp: 6149995919
