High-yield investment building

Independent building with a total area of 1,860 sq.m., offering a unique opportunity for capital investment in an area with rapidly growing commercial and residential value, constituting one of the city’s most critical “business corridors.” The property features a strategic layout and the unique advantage of sea views from the 5th floor and above, making it ideal for high-spec projects. Space Layout: The building extends over 11 levels, offering absolute flexibility of configuration:

• Basement: 205.57 sq.m.
• Ground floor: 79.76 sq.m.
• Mezzanine: 20.64 sq.m.
• 7 Floors (total area 1,510.10 sq.m.)
• 1st floor: 252.50 sq.m.
• 2nd floor: 254.00 sq.m.
• 3rd floor: 252.50 sq.m.
• 4th floor: 227.05 sq.m.
• 5th floor: 200.80 sq.m.
• 6th floor: 174.95 sq.m.
• 7th floor: 148.30 sq.m.
• Roof terrace: 44.25 sq.m.

Why invest in this property:

1. Flexibility of Use: Designed to be converted into 40+ self-contained apartments/studios, ideal for the €250,000 Golden Visa with change of use, a student residence, a boutique hotel, or a modern professional office building.

2. Ready-to-Go Studies: Layout/design studies are already available, accelerating your investment process.

3. Turnkey Potential: Possibility of reconstruction by a specialized technical company, so that the property is delivered ready for operation, relieving you of coordinating the works, subject to agreement on the price.

4. Strategic Location: Situated in an area with strong momentum, ensuring high occupancy and stable returns (ROI).

Technical Note: The property requires renovation, allowing you to shape the interior design and specifications based on current market needs, maximizing the added value of your capital.

Sale price: At €1,559.00/sq.m., this property is a unique investment opportunity.

In a market where property returns in the center of Thessaloniki remain strong, the acquisition of a 1,860 sq.m. building in the Courts area functions as a safe investment haven. Whether used as a student residence, a boutique hotel, or a professional building, the property benefits directly from the business activity generated throughout the Courts corridor.

Contact us to schedule a site visit.