The property is located in the Upper Town of Thessaloniki, within the traditional residential area characterized by significant historical and architectural interest. It is a two-story preserved building with a total area of approximately 200 sq.m., which was constructed at the beginning of the 20th century and features traditional Macedonian architectural elements. Its facade is distinguished by wooden frames, period iron balconies, a roof with Byzantine-type tiles, and decorative morphological elements that have been partially preserved. The construction is reported to be masonry with wooden floors and load-bearing beams, typical of the houses of the era. Today, the property requires extensive restoration and reconstruction work due to: Damage to the load-bearing walls and wooden floors. Deterioration of plaster and loss of morphological elements. Insufficient waterproofing of the roof and moisture problems. The building retains its original form and structure, allowing for its restoration with respect to the historical and architectural identity of the Upper Town. Its reconstruction can combine traditional materials and techniques with modern infrastructure, allowing it to be functionally reintegrated into the residential fabric. The location of the property offers panoramic views of the Thermaic Gulf and easy access to central points of the Upper Town, making it particularly attractive for residential or tourist use (boutique accommodation, cultural center, etc.). Upper Town Location: Upper Town is the highest and northernmost part of Thessaloniki, stretching from Agiou Dimitriou Street to the walls of the Acropolis – Eptapyrgio. Unique Characteristics: Upper Town is one of the most historic and traditional settlements of Thessaloniki with narrow cobblestone streets and picturesque alleys offering a fantastic view of the city. The area features houses that have been declared preserved by the Ministry of Culture, testifying to the history of the place. One of the most beautiful areas in Upper Town is Tsinar, where one can find traditional tsipouro taverns and mezze restaurants. Accessibility: The area is within close proximity to the center of Thessaloniki, with two bus lines ending in the area. Investment Potential: Upper Town is one of the most historic districts of Thessaloniki, a region that always attracts significant interest from buyers.