Investment building in Thessaloniki city center

Price

€1,600,000

Bedrooms12

Bathrooms12

Living area640 m²

Amenities and special features of this house

Welcome to an excellent investment opportunity! This meticulously renovated building, originally constructed in 1967 and last renovated in 2023, is a testament to timeless design and modern convenience. Spanning 640 square feet, this property is a lucrative and fully leased investment. Featuring 11 apartments, 1 luxury penthouse and a ground floor commercial space, this building offers a wide range of rental opportunities, catering to various preferences and needs. Each apartment and penthouse have undergone a complete renovation in 2023, ensuring a modern and stylish living experience. High-quality finishes and modern amenities characterize each living space. In a sought-after location, very close to the court of law and the upcoming subway, to residents and tenants benefit from proximity to shopping, restaurants, public transportation and other urban amenities. The penthouse, the crowning glory of the building, offers spacious interiors and top-of-the-line finishes, providing an exclusive living experience. Originally constructed in 1967, the building seamlessly combines historical charm with modern comfort, offering a unique and timeless appeal. All apartments are currently leased, providing a steady and reliable stream of rental income. The building is equipped with state-of-the-art security features, ensuring the safety and privacy of all tenants. Elevator access adds convenience for all tenants. Whether you are an experienced investor or someone looking to diversify your portfolio, this fully leased and refurbished building is an attractive investment opportunity with future appreciation potential. This 640 square metre property is a testament to architectural excellence and investment wisdom. With a diverse range of rental space, stable income and a prime location, it's not just a building; it's a smart investment. Don't miss the opportunity to own a piece of real estate history. Schedule a visit today and explore the possibilities within this prime property!

Object type

Detached House

Rooms

Bedrooms

Bathrooms

Living area

640 m²

Total surface

640 m²

Condition

Top

Construction year

1967

Energy certificate available

In progress

Energy source

Self-Contained central heating

Features

Air condition

Balcony

Built-in kitchen

Sea/Lake view

Security system

Elevator

Thessaloniki: Location and surroundings of this property

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.

Get personal advice

Engel & Völkers
Thessaloniki MMC

Navarchou Kountouriotou 3, 5th floor, 54625, Thessaloniki

+30 231 231 65 00

Engel & Völkers
Thessaloniki MMC

Navarchou Kountouriotou 3, 5th floor, Thessaloniki, 54625

Call shop

W-02TGVW – This is the Engel & Völkers property ID.

Ioannis Theodoulou

EV MMC Greece S.A.

Website

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.