$1,928,288

Apartment Complex 224sqm In Center Of Thessaloniki

  • 11 Beds
  • 6 Baths
  • 2,412 Sqft
  • Updated: June 18
  • 1
    Views for last 30 days

About the Property

Thessaloniki – City Center | High-Yield Investment Opportunity

   For Sale: Entire 1st Floor (224 sq.m.) in a prime commercial pedestrian area of Thessaloniki’s city center. This property offers exceptional investment potential, whether as a residential rental complex (studio apartments) or as a commercial space (restaurant, offices, etc.).



  Key Features:
Thessaloniki – City Center | High-Yield Investment Opportunity

   For Sale: Entire 1st Floor (224 sq.m.) in a prime commercial pedestrian area of Thessaloniki’s city center. This property offers exceptional investment potential, whether as a residential rental complex (studio apartments) or as a commercial space (restaurant, offices, etc.).



  Key Features:

  Total Area: 224 sq.m.
  Current Layout:



  • 4 fully renovated, autonomous studio apartments (87 sq.m.) with independent electricity supply

  • 1 apartment (70 sq.m.) featuring 4 bedrooms, kitchen & bathroom

  • 1 apartment (67 sq.m.) featuring 3 bedrooms, living room, kitchen & bathroom
     Conversion Potential: The apartments can be reconfigured into 11 independent studios, perfect for short- or long-term rentals
     Renovation Details: Studios are fully refurbished, while the apartments have new laminate flooring & fresh paint
     Amenities: Security doors, aluminum balcony doors, laminate flooring, air conditioning for heating & cooling
     Elevator | Wheelchair Accessible



   Prime Location:

   In the heart of Thessaloniki, on a high-traffic commercial pedestrian street
    Just 2 minutes from:



  • Aristotle University of Thessaloniki (AUTH)

  • University of Macedonia

  • Thessaloniki International Fair & Seafront Promenade
      Immediate access to public transport, shops, government offices, and key landmarks



    Ideal Investment – High ROI

   As a Studio Rental Complex:



  • Rental prices: €550-€650/month per studio

  • Estimated Net Monthly Income: ~€5,000

  • Projected ROI: ~4-5.7%


   As a Commercial Space (e.g., Restaurant, Offices):



  • Potential rental income: €5,500 - €6,500/month

  • Excellent visibility in a high-footfall location

  • Listing No = 262



   Sale Price: €1,650,000

  Contact us today for more details or to schedule a viewing!


  Phone:+306985601609,6983323249


  Email:[hidden information]

  • Property type

    Other

  • Floors

    1

  • Year built

    1960

  • Price/sqft

    $799

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1st District of Thessaloniki, Thessaloniki, Greece View on Google Maps
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2025
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Special Agents Estate
Thessaloniki
View agency profile
Last updated
June 18
First listed
Feb 2, 2025
Listing reference
262
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