Thessaloniki Apartment in Center for sale. A 50sqm apartment with two bedrooms on a delightful street in the center of Thessaloniki, the ideal house for comfortable living in a great position if you are looking for an old apartment to renovate it according to your needs!
It was built in 1958 and is located on the ground floor of an apartment building.
Situated in a a great location, right in the heart of the market and shopping area of the city and next to Tsimiski street, is a top-choice for investment!
It features a living and kitchen area, two bedrooms, and a bathroom to make up for the ideal layout for this small home.
If you wish to live in one of Europes most multicultural cities and one of its most vibrant cultural areas, dont miss out on this opportunity to transform this apartment into your dream home!
Thessaloniki Apartment in Center for sale location information:
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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