Apartment in Thessaloniki for sale in Toumpa

Constructed by a well established developer that has been responsible for building boutique projects all through the city center, the site consists of 10 units in total and is being built across seven floors within.

With a contemporary layout and luxurious features such as underfloor heating system (gas) and alarm systems installed, these units are suitable for lifestyle buyers as well as investors.

Date for completion has been set for the end of June 2023.

Heading inside, the apartments have been laid out with modern life in mind and boast a touch of luxury throughout.

Upon entering the seventh 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 a WC, the bathroom with a shower, and a second bedroom with a private balcony.

There is also a third bedroom, gifted access to a lovely balcony for some extra privacy.

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

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 the very heart of Thessaloniki.

Apartment in Thessaloniki for sale in Toumpa 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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