Apartment for sale in Thessaloniki Konstantinopolitika

Investing in Thessaloniki provides high rental yields with the area highly sought after by young professionals and city center workers.

Inside, properties have been designed as affordable luxury mixed-use apartments, suitable for city workers, investors seeking income, or those looking to live close to all amenities and public transport.

Open plan living rooms move off to fitted kitchens, while large windows allow light to enter and balconies attached provide enough space for outfoor seating and relaxing.

This apartment occupies the entire third floor of the apartment building, and is entering into a vast open plan living room with a dining area and a modern kitchen with an island, opening into a huge veranda, while a small balcony is attached to the kitchen.

The layout also consists of a full bathroom, as well as three capacious bedrooms, one of which comes with an en-suite private bathroom.

An excellent investment or lifestyle purchase with the location suiting those looking for rental income, whilst also ticking all the boxes for those looking to live in a high profile area.

Apartment for sale in Thessaloniki Konstantinopolitika 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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