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reference: PALAMA
A unique opportunity that may be relevant to your real estate development and construction activities in Thessaloniki. The property is located at Kosti Palama 11, in the city center of Thessaloniki, in close proximity to Aristotle University, major commercial streets, and the seafront promenade. It's a 2,300 sqm building that can support multiple development strategies. Depending on your investment focus, the opportunity can be approached through one of the following models: Student housing – immediate proximity to Aristotle University and key city amenities Hotel development – centrally located asset with strong potential for city hospitality use Golden Visa residential units – suitable for conversion into multiple Golden Visa–eligible apartments At €1.7 million (€740 per sqm), this represents a rare entry point for a city-center asset of this size, offering flexibility across different development and exit scenarios.