Engel & Völkers

Exceptional property 206 sq.m. in the center of Thessaloniki

€167,000
  • 1 Room
  • 1 Bedroom
  • 1 Bathroom
  • 206 m² Total surface
  • 173 m² Living area

Description

This exceptional property is located on the first floor of a five-storey building, has a total area of 206 sq.m. It is currently a one-bathroom space that can be divided into four or six smaller apartments. Located in a fast growing area with high demand for both commercial and residential properties, this site offers significant potential for future development and high yields. Achieve strong investment returns of 9%, testament to the property's prime location and market demand. Whether you want to retain its function as an office or take advantage of the growing demand for urban living, this space offers a range of possibilities. Key feature is the location: nestled in a thriving commercial area, the property benefits from strong pedestrian traffic, nearby transport hubs and easy access to retail, restaurants and entertainment options. The area has experienced steady growth, with commercial and residential developments increasing in value. Proximity to basic amenities: Public transportation, corporate offices, schools, shopping centers, all within walking distance. Minimal renovation costs: it is already equipped with modern amenities and infrastructure, so renovation costs are reduced.

Features
Sea/Lake viewSecurity systemTerraceElevatorGreen viewOpen view
engel & völkers shop image

Engel & Völkers Thessaloniki MMC

Your advisor: Ioannis Theodoulou

Property ID: W-02XUAZ

Property details

Object type

Flat

Condition

Very good

Rooms

1

Bedrooms

1

Bathrooms

1

Floor

1

Number of Floors

1

Total surface

206 m²

Living area

173 m²

Flooring

Tiles

Energy efficiency information

Construction year

1988

Energy efficiency class

energy class icon

Energy certificate available

Yes

Energy certificate type

Consumption certificate

Location: Vardaris, Thessaloniki

Vardaris is located in the center of the city and is the zero point of the kilometer distances. Residents have direct access to all the services and amenities that the city offers, such as shopping centers, restaurants, museums and cultural centers. This close environment offers a comfortable and pleasant living experience. It is a highly sought-after area for short-term rental. Visitors can enjoy the variety of properties on offer, from traditional listed buildings to contemporary apartments with city views. The area offers a unique opportunity for visitors to live like a local and enjoy the authentic Thessaloniki experience. Another important advantage of the area is the good transport network it offers. Residents have easy access to buses and taxis, making it easy to get around the area. This is especially convenient for professionals who work in the city center and want to avoid traffic jams. Also, Vardaris is famous for its large market. Residents have access to a wide range of shops, from large chain stores to local shops. This provides the opportunity for shopping, entertainment and recreation without the need for long commutes. Finally, it is the main entrance to the city. In summary, Vardaris offers a favorable environment for buying and renting real estate. With an ideal city center location, accessible space, good transport links and a large market, residents and visitors can enjoy a comfortable and rich city living experience.

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Your shop

Engel & Völkers Thessaloniki MMC

engel & völkers shop image

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 withdrawal without notice. Taxes, notary and registration fees shall be paid by the purchaser. The commission shall be paid by the seller and /or the buyer depending on the brokerage agreements in place.

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