Blurred interior view with white walls and wood floors. Text overlay reads "For sale, images upon request." [AI-generated text]

Investment building opportunity in Thessaloniki

€1,600,000
  • 12 Bedrooms
  • 12 Bathrooms
  • ~640 m² Total surface
  • ~640 m² Living area
  • Completion expected September 2023

Description

An exceptional investment opportunity! This fully renovated building, originally constructed in 1967, was completely refurbished in 2023 with a full rebuild from the ground up.

The eleven apartments are fully equipped and already rented to students under annual lease agreements.

This property, spanning 640 square meters, is a profitable and fully leased investment that can be verified through the annual income.

Featuring 11 apartments, 1 luxury penthouse, and a ground-floor retail space, this building offers a wide range of further rental opportunities, catering to various preferences and needs.

In a good location, very close to the courts and the metro, residents and tenants benefit from proximity to shops, restaurants, public transport, and other urban amenities.

The penthouse, the crowning feature of the building, offers spacious interiors and top-quality finishes, providing an exclusive living experience.

The building is equipped with modern security features, ensuring the safety and privacy of all occupants.

A building that has just been renovated and already generates income from all apartments is a sure investment opportunity.

Features
Air-conditioningBalconyBuilt-in kitchenSea/Lake viewSecurity systemElevatorBuilt in wardrobeFurnished
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Engel & Völkers Thessaloniki MMC

Your advisor: Nikos Gribas

Property ID: W-02TGVW

Property details
  • Object type

    Semi-detached house

  • Bedrooms

    12

  • Bathrooms

    12

  • Number of Floors

    6

  • Total surface

    ~640 m²

  • Living area

    ~640 m²

  • Usable surface

    ~640 m²

  • Flooring

    Tiles

Energy efficiency information
  • Construction year

    1967

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Energy source

    Self-Contained central heating

Location: Thessaloniki, Central Macedonia

Vardaris is located in the city center and is the zero point for distance measurements. Residents have immediate access to all the services and amenities the city offers, such as shopping centers, restaurants, museums, and cultural centers. This nearby environment provides a comfortable and pleasant living experience.

It is a particularly sought-after area for short-term rentals. Visitors can enjoy a variety of properties, from traditional listed buildings to modern apartments with city views. The area offers visitors a unique opportunity to live like locals and enjoy the authentic Thessaloniki experience.

Another important advantage of the area is its good public transport network. Residents have easy access to buses and taxis, making it easy to travel to and from the area. This is especially convenient for professionals who work in the city center and want to avoid traffic congestion.

Vardaris is also known for its large market. Residents have access to a wide range of shops, from major retail chains to local businesses. This provides opportunities for shopping, entertainment, and leisure without requiring extensive travel.

Finally, it is the city’s gateway.

In summary, Vardaris offers a favorable environment for buying and renting property. With an ideal central location, accessible surroundings, good transport connections, and a large market, residents and visitors can enjoy a comfortable and rich living experience in the city.

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