Apartment for sale in Thessaloniki Kalamaria

Upon entering the second floor apartment, we find ourselves in the spacious open plan living room and a modern kitchen with a dining area, opening to a large balcony with majestic views of the urban scenery, offering plenty of space for an outdoor seating area.

Right next to the living room is a generous sized bedroom with access to the balcony, followed by the bathroom, and two more bedrooms sharing access to a private balcony.

The apartment comes with a storage room on the basement of the building, as well as a stilt parking space on the ground floor.

This could be a great home, one’s personal sanctuary, or a profitable rental home in the beautiful city of Thessaloniki.

Apartment for sale in Kalamaria 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.

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