Seafront Apartment for sale in Thessaloniki. ID Th4-8509

Nea Paralia Thessaloniki Rest Park, Leoforos Megalou Alexandrou, Thessaloniki, Greece

€1,100,000

Description

Seafront Apartment for sale in Thessaloniki. This magnificent 195 sqm apartment, located on the 5th floor, boasts a prime seafront location with stunning, unobstructed views of the Aegean. Nestled in the highly desirable area of Nea Paralia, this property offers a rare opportunity for those seeking luxury and spacious living in one of Thessaloniki’s most prestigious neighborhoods. The apartment features four large bedrooms, with the potential to add a fifth room, providing ample space for family living or entertaining guests. The expansive living room is centered around a cozy fireplace, creating an inviting atmosphere for relaxation. A large, independent kitchen with an adjacent sitting area offers functionality and space for culinary creativity. In addition, the apartment includes one bathroom and one WC, adding to its practicality. Though in need of partial renovation, the property holds immense potential for personalization and updating to suit modern tastes. With its excellent location and generous layout, it can also be divided into two separate apartments of 120 sqm and 75 sqm, offering flexibility for investment or multi-generational living. An added bonus is a 25 sqm ground-floor commercial space, currently leased, which provides potential rental income or the possibility of converting it into a private garage for secure parking. The apartment also includes central heating powered by natural gas, air conditioning, a security door, and a spacious balcony that offers panoramic sea views. Built in 1972, this property stands out as a true gem, offering a unique blend of elegance, comfort, and investment potential in the heart of Thessaloniki’s vibrant seafront district. This is a remarkable opportunity to enjoy sophisticated urban living with the endless blue of the sea as your backdrop. Seafront Apartment 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.