Hotel for Sale in Thessaloniki

Hotel for Sale in Thessaloniki. Set in Agia Triada, Thessaloniki, this hospitality property combines four independent apartments within a 360 sqm building on a 4,500 sqm plot. Built in 1992, the accommodation can host up to twenty guests in total.

Each apartment is arranged for independent stays, with an equipped kitchen, dining area and air conditioning. Balconies and terraces extend the living spaces outdoors, while the property also includes garden areas, an outdoor swimming pool, a sea-facing hot tub and on-site parking.

The property enjoys panoramic views across the Thermaic Gulf towards Thessaloniki. Its configuration of separate apartments together with shared leisure facilities offers a practical setup for hospitality use and group or family stays.

Property Features:

- 360 sqm building

- 4,500 sqm plot

- Built in 1992

- Four independent apartments

- Accommodation for up to 20 guests

- Equipped kitchens and dining areas

- Air conditioning

- Balconies and terraces

- Outdoor swimming pool

- Sea-facing hot tub

- Garden areas

- On-site parking

- Panoramic sea and city views

Hotel 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.