Apartment for sale in Thessaloniki Greece.
ID Th4-3396

Apartment for sale in Thessaloniki Greece. Holding an exceptional location by the coastline and within walking distance to the landmark of this beautiful city, the White Tower, this 80sqm two-bedroom apartment is a top pick for all smart investors.

It lies on the third floor of a well maintained building constructed in 1960, and needs to be renovated as to bring it back to its former glory.

It consists of a spacious seating room and a dining area, a generous sized kitchen with fitted cabinets, two bedrooms and one bathroom. Read more

Apartment for sale in Thessaloniki Greece. Holding an exceptional location by the coastline and within walking distance to the landmark of this beautiful city, the White Tower, this 80sqm two-bedroom apartment is a top pick for all smart investors.

It lies on the third floor of a well maintained building constructed in 1960, and needs to be renovated as to bring it back to its former glory.

It consists of a spacious seating room and a dining area, a generous sized kitchen with fitted cabinets, two bedrooms and one bathroom.

Large balconies are attached, offering plenty of space for outdoor seating areas with marvelous views of the urban scenery and partial view of the sea.

The greatest feature of this apartment is its location, combining the beach a few meters away, the Sailing Club of Thessaloniki in close proximity, and easy access to the city center.

Invest in this one-of-a-kind apartment which is located in a striking point of Τhessaloniki, ideal for any investor looking for high rental prospects, or for those who want to live in the beating heart of this vibrant city.

Apartment for sale in Thessaloniki Greece Location:

Thessaloniki Greece (or Salonica), the capital of Macedonia Prefecture, is the second largest city in Greece, after Athens. In fact, the town is honorarily called co-capital, for its historical and administrative importance.

The history of the town started in ancient times and due to its strategic location, it played an important economic and political role in the wider region of the Balkans.

Thessaloniki’s real estate has salvaged its appeal for both domestic and foreign investors. In 2019, the city’s real estate market pivoted to the upward direction due to the growth of Greece’s economy after the recession. Also, the country’s position in the eurozone serves as a boost to prospective investors.

Real estate investment is a major example; according to the Bank of Greece, the amount of direct foreign investments in the property market amounts to €500 million.

Another major boost for the real estate market is the potential rental returns from the flourishing short-term rental market. Since the city is a booming tourist destination, it creates a high demand for rental properties.

Statistics show that records over 3 million tourist visits annually, and this is good news for rental property investors.

Thessaloniki holds a prominent position in Greece’s economy. This is one good reason why investing in real estate in the city is a wise investment choice.

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