Studio for sale, Panagia Faneromeni, Xirokrini - Panagia Faneromeni

Investment Property | Guaranteed Annual Income | Net Yield | Thessaloniki An investment apartment offered for sale with guaranteed annual income, ideal for buyers seeking a stable net yield without involvement in day-to-day management. The property is located in a well-maintained residential building constructed in 1969, in the wider Panagia Faneromeni area, just 50 meters from Lagada Avenue. The area demonstrates strong and consistent demand from students and young professionals, due to its direct connection to the city center and Aristotle University of Thessaloniki (AUTH). This is a front-facing apartment with balcony and open views, fully furnished and equipped, featuring a modern and functional design. It represents a turnkey investment solution, ready to generate returns from day one. The property constitutes a solid investment opportunity, offering stable annual income alongside capital appreciation potential. Panagia Faneromeni has historically shown increased rental demand, with positive growth indicators expected in the coming years, both in rental values and resale prices. Investment Highlights Total Investment Cost: €115,000 Gross Annual Rental Income: €6,000 – €6,500 Guaranteed Net Annual Income: €5,600 Stable Net Yield: 4.8% with low risk Property Features 37 sq.m. net | 42 sq.m. gross Front-facing, with balcony & open view Fully furnished & equipped Autonomous natural gas heating Ideal for students or a young couple Purely investment-oriented property Asking Price: €115,000 For property viewings, presentation of an ID or tax number (AFM) proof is required. Keller Williams is the largest real estate network worldwide, with 200,000+ agents and presence in 55+ regions globally, with 18 offices in Greece and Cyprus. For more information or to schedule an appointment: KW North ☎ Phone: +30 2310 588411 Email: kwnorth@kwgreece.gr Website: https://www.kwnorth.gr