Commercial Space for sale in Thessaloniki Center. ID Th6-531

Thessaloniki, Greece

€510,000

Description

Commercial Space for sale in Thessaloniki Center. Presenting a remarkable commercial property located in one of the busiest areas of Thessaloniki, this unique establishment offers an impressive total area of 160 sqm, distributed across three levels: a ground floor of 50 sqm, a basement of 60 sqm, and a loft of 50 sqm featuring a charming balcony that is one meter wide. This property boasts an exceptionally high visibility index, making it a standout choice for businesses seeking prime exposure. With a vast storefront and windows totaling 90 sqm, this commercial space serves as an enormous display window, ensuring that your brand captures the attention of passersby. The visibility index in relation to its area is outstanding, making this location ideal for retail or service-oriented businesses. Situated in a highly commercial zone, the property benefits from significant foot and vehicle traffic, with approximately 150,000 cars stopping directly in front each day. This location is perfect for a wide range of uses, and there are no restrictive statutes in the building, allowing for flexible application of the space. Additionally, there is potential for conversion into one or two residential units, enhancing its versatility. Buyers also have the option to purchase a 27% share of the land, which could be utilized to develop a seventh floor, ideal for a roof garden or any other desired use, adding even more value to this already exceptional property. This is an unparalleled opportunity to secure a prominent commercial space in Thessaloniki, with limitless potential for development and expansion. Don’t miss out on this chance to make your mark in a thriving commercial hub! Commercial space 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.