Apartment for sale in Oreokastro Thessaloniki. ID Th4-3023

Oreokastro, Thessaloniki, Greece

€138,000

Description

Apartment for sale in Oreokastro Thessaloniki. Nestled in a quiet and lovely neighborhood in the beautiful area of Oreokastro, this 168sqm three-bedroom apartment is offering a great investment opportunity in a superb location. Being close to public transportation and with all amenities at hand, it is ideal for personal use and also to be rented out as a profitable rental. Built in 1997, the property boasts a convenient layout with bright spaces, and as it was fully renovated in 2005, it comes with a modern interior design. It consists of two spacious living rooms and a capacious kitchen area, three large bedrooms and two bathrooms, while three generous sized balconies are attached offering plenty of space for outdoor seating areas and unlimited views of the peaceful surroundings. It comes with a parking space and it also has access to the communal garden of the building. This is a great investment opportunity, an ideal base to explore the amazing city of Thessaloniki and the idyllic destinations of Halkidiki! Apartment for sale in Oreokastro 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. 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.