Building for Sale

€ 1,650,000
5+
224 m²
3+

Note

Listing updated on 08/24/2025
Description

This description has been translated automatically by Google Translate and may not be accurate

reference: 262

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:specialagentsestate@gmail.com

If you want to know more, you can talk to Ελένη Μπόικου.
Features
Contract
Sale | Income property
Type
Building | Luxury property
Surface
224 m²
Rooms
5+ rooms, 3+ bathrooms
Availability
Available from 01/02/2025
Current building use
Residential
Other features
  • External exposure
  • Security door
  • Exposure east
Price information
Price
€ 1,650,000
Price per m²
7,366 €/m²
New
Energy efficiency

Energy consumption

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