Apartment for sale in Thessaloniki Center. ID Th4-8601

Thessaloniki, Greece

€250,000

Description

Apartment for sale in Thessaloniki Center. Nestled in the heart of Thessaloniki's historic center, this 105-square-meter apartment presents a remarkable opportunity for both residential and office use. Located on the sixth floor of a building of significant architectural value, designated as a preserved property, this space offers a unique blend of historical charm and modern potential, awaiting renovation to unveil its true character. The apartment’s prime location is accentuated by its proximity to the soon-to-be-inaugurated metro station, a development that promises to enhance accessibility and further enrich the vibrant urban landscape. From the balcony, residents can enjoy captivating views of Egnatia Street and the old town, creating a picturesque backdrop for everyday life. The building, constructed in 1942, embodies the rich history of Thessaloniki, making it not just a home, but a part of the city’s narrative. With its generous layout and historic significance, this apartment invites you to reimagine its potential, offering a canvas to create a bespoke living or working environment in one of the most culturally rich areas of the city. Whether you envision a stylish residence or a dynamic office space, this property stands ready to become a cherished part of your future. Apartment for sale in Thessaloniki 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.