Thessaloniki Apartment for sale in Center. ID Th4-3623

Thessaloniki, Greece

€125,000

Description

Thessaloniki Apartment for sale in Center. This 70sqm apartment with two bedrooms and in need of renovation, is a perfect base for your many experiences in the wonderful city of Thessaloniki. This spacious apartment in the heart of the city center, needs to be refurbished to become the perfect home either for students or workers! It has two ideal-sized bedrooms, a separated kitchen, and a bathroom, as well as a big living area with a large balcony. Located on the elevated ground floor of an apartment building that is very tidy and safe as well as a breath away to all necessities such as market, restaurants and fast food shops! Considering all of the above, this one is a top-choice for investment, long-term or short-term rent with high rental income, after renovation. This is a fantastic opportunity to purchase a property that can be converted into your dream house in the heart of Thessalonikis' interesting city. Thessaloniki Apartment for sale in Center 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. You may visit our Golden Visa page, https://greek-golden-visa.com/ for detailed information regarding the procedure of applying and obtaining the Greek Golden Visa, as well as all its benefits.