Building for sale in Thessaloniki.
ID Thb-1279

Building for sale in Thessaloniki. Welcome to this exceptional property situated in the heart of Thessaloniki's center, an ideal investment opportunity for those seeking a historic building with unlimited potential. This magnificent property, listed as a monument, is located just next to the iconic White Tower, offering a highly sought-after and prestigious address.

Spanning across a generous size of 700 square meters, this remarkable building is built on a plot of 185 square meters and dates back to the year 1924.

Boasting an impressive architectural design, it showcases exceptional craftsmanship and holds immense historical value. While in need of a major renovation, this property provides a canvas for visionaries to transform it into a truly remarkable space. Read more

Building for sale in Thessaloniki. Welcome to this exceptional property situated in the heart of Thessaloniki's center, an ideal investment opportunity for those seeking a historic building with unlimited potential. This magnificent property, listed as a monument, is located just next to the iconic White Tower, offering a highly sought-after and prestigious address.

Spanning across a generous size of 700 square meters, this remarkable building is built on a plot of 185 square meters and dates back to the year 1924.

Boasting an impressive architectural design, it showcases exceptional craftsmanship and holds immense historical value. While in need of a major renovation, this property provides a canvas for visionaries to transform it into a truly remarkable space.

The building is spread over multiple levels, providing ample space for various uses. The basement covers an area of 150 square meters, offering endless possibilities for additional rooms or services. The elevated ground floor spans 150 square meters, followed by the second floor with 153 square meters, the third floor with 150 square meters, and the fourth floor with 96 square meters. Moreover, there is a remaining building capacity of 200 square meters, allowing for further expansion and customization.

Thessaloniki's city center, undoubtedly one of the most vibrant and dynamic areas of the city, offers a wealth of amenities and attractions. This bustling district is bustling with cafes, restaurants, boutiques, and cultural landmarks, providing residents and visitors with an incredible lifestyle and an immersive urban experience. With its central location, this property enjoys excellent connectivity to public transportation networks, making it easily accessible from all parts of the city.

In conclusion, this historic building in the heart of Thessaloniki's center presents a unique opportunity for investors and developers alike. With its exceptional architecture, impressive design, and vast potential for renovation and transformation, this property holds endless options for exploitation. Don't miss the chance to own a piece of history and shape its future.

Building for sale in Thessaloniki. 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.

You may visit our Golden Visa page, https://greek-golden-visa.com/ for detailed information regarding the procedure of applying and obtaining the Greek Golden Visa, as well as all its benefits.