Exceptional property 206 sq.m. in the center of Thessaloniki
- 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.
Engel & Völkers Thessaloniki MMC
Your advisor: Ioannis Theodoulou
Property ID: W-02XUAZ