Apartment in Thessaloniki Center for sale

The apartment is located on the main road of Thessaloniki at a key superb point.

The famous Aristotle University of Thessaloniki is at a distance of only 500m, which makes the property a direct not-to-miss chance for investment.

Furthermore, at a very short distance is also the historic and commercial center of Thessaloniki, with all the amenities and necessities nearby.

Last but not least, the layout of the apartment allows the creation of a living-kitchen room as well as a third room and the possibility to connect an autonomous heating system by gas.

This is a terrific investment opportunity excellent for an Airbnb rental lucrative all year round, being well placed in a colorful region advancing slowly but steadily to the top.

Apartment in Thessaloniki 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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