Commercial space for sale in Thessaloniki. ID TH6-298

Thessaloniki, Greece

€450,000

Description

Commercial space for sale in Thessaloniki. Boasting a privileged setting right in the heart of Thessaloniki, in a highly commercial area, this ground floor commercial space of 160sqm is offering an exceptional location and limitless potentials, as well as a guaranteed rental income. The store holds a unique position, as it is set in one of the most commercial spots of the city, with more than 150.000 vehicles stopping right in front of it daily. It has been constructed in 1994 and is in excellent condition, and it comes with a 10m facade on the main street and a 5m frontage on the side street. It consists of a 50sqm ground floor space, a 50sqm mezzanine floor and a 60sqm basement. It also comes with an additional 27% of the seventh floor which can be used as a stunning roof garden, and it can be purchased at 60.000 Euro. This is a tremendous opportunity to invest in a commercial real estate guaranteeing profit from the offset. Commercial space 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. 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.