Thessaloniki Penthouse for sale in Faliro

It consists of two bedrooms, one bathroom, an open space area of a living room and a dinning room and a separate kitchen.

A large balcony of 30sqm is attached, offering lovely views of the urban setting composed by the surrounding buildings. There is more than enough space for an outdoor lounge area and even a dining area, for you to enjoy relaxing moments with your loved ones.

It owns an autonomous heating system (gas), a security door, double glazed windows, and aluminum window frames.

Boasting an excellent location close to all local amenities, this apartment is offering an abundance of potential in the heart of the second largest city of Greece.

Thessaloniki Penthouse for sale in Faliro 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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