Thessaloniki Apartment for sale

There is also an auxiliary storage space with a small balcony.

A large front balcony with awnings is attached presenting a great spot to enjoy a cup of coffee or a refreshing beverage after a long day.

The apartment is equipped with an autonomous heating system (gas), a security door and insect screens.

It holds an exceptional location just moments away from the historical city center, and within walking distance to all amenities and facilities needed on adaily basis, as well as to restaurants and coffee shops.

Due to the quality, location, and excellent price, this unit would make for a smart investment in Thessaloniki for those looking to obtain high rental income.

Thessaloniki Apartment 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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