Engel & Völkers
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Investment building at Egnatia street

€4,000,000
  • 30 Bedrooms
  • 15 Bathrooms
  • 1,113 m² Total surface
  • 1,113 m² Living area

Description

An excellent investment proposition. A neoclassical, very beautiful, listed building, 1,113 square meters in total, on Egnatia street, operated as a hotel from 1929 until 2018, with infrastructure in the basement and ground floor and more recent elevator, has 30 rooms on 4 floors. It has ceased to function and requires major renovation. It does thought has the Hotel permit, a great asset for a relevant investment. On the ground floor of Egnatia there are five shops that are all rented out and generate income. The building is located next to a metro station and can build additional square meters. The square footage of the building is Basement 245 sq.m Ground floor 179 sq m First 181.3 Second 181.3 Third 181.3 Fourth 145 It is a very interesting investment proposal in an area that will have great growth. The Energy Performance Certificate is under publication.

Features
BalconyBasementElevatorGuest toiletOpen view
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Engel & Völkers Thessaloniki MMC

Your advisor: Nikos Gribas

Property ID: W-02QFAA

Property details

Object type

Terraced House

Condition

Needs renovation

Bedrooms

30

Bathrooms

15

Number of Floors

5

Total surface

1,113 m²

Living area

1,113 m²

Flooring

Tiles, Wooden floor

Energy efficiency information

Construction year

1925

Energy efficiency class

energy class icon

Energy certificate available

Yes

Location: Thessaloniki, Decentralized Administration of Macedonia and Thrace

Ladadika Location: Ladadika is located in the center of Thessaloniki just a few minutes from Aristotelous Square and the White Tower. Unique Features: Ladadika is one of the most commercial streets of Thessaloniki, with a long history with modern and traditional elements. The name comes from the abundance of shops that were in the area and sold olive oil. The area is a favorite destination, attracting a large crowd of locals and foreigners, of all ages and especially students. In Ladadika there are several preserved neoclassical buildings that reflect the uniqueness of Thessaloniki. Today, in the area there are several cafes, taverns and taverns. Accessibility: OASTH serves several bus lines in the area. Investment Power: Ladadika is one of the most historic districts of Thessaloniki, an area that always has great interest from buyers.

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Engel & Völkers Thessaloniki MMC

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Provider:

EV MMC Greece S.A.

Commission details

Availability upon agreement. This material is based upon information, which we consider reliable, but because third parties have supplied it, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, and change of price or

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