New

6 renovated apartments with high returns

€600,000
  • 6 Bedrooms
  • 6 Bathrooms
  • ~250 m² Total surface
  • ~250 m² Living area
  • Construction year 1980

Description

Excellent investment property with a total area of 250 sq.m., comprising 6 independent ground-floor apartments, fully rented with a stable return.

Property Features:

  • Layout: Each apartment includes 1 separate bedroom, living room/kitchen or kitchen, and bathroom.
  • Equipment: Fully furnished and equipped with all necessary electrical appliances (refrigerator, cooker, washing machine, dryer, television), autonomous gas heating, and A/C.
  • Condition: Renovated / in excellent condition, ready for exploitation without the need for additional capital.
  • Advantages:
  • 100% occupancy (all rented to students/workers).
  • Independent access for each apartment.
  • Very low/no communal charges.
  • Separate electricity and water meters.

Investment Profile:

  • Monthly Rental Income: 3,800
  • Annual Income: €45,600
  • Estimated GROSS Yield (ROI): 7.6%

Key Area Features for Investment / Student Use:

Near Universities: Only 10–15 minutes by public transport (or Metro) from Aristotle University of Thessaloniki (AUTH) and the University of Macedonia (UoM).

Access & Transport: Located very close to the main roads (Vasilissis Olgas, Delphon, Constantinople) with frequent OASTH bus services and direct access to Thessaloniki Metro stations.

Close to the Sea: Located a short distance from Thessaloniki’s New Waterfront.

High Demand: One of the most popular areas for students, academics, and young professionals, ensuring very high occupancy for rental apartments.</numerusform

Features
Air-conditioningBuilt-in kitchenSecurity systemBuilt in wardrobe
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Engel & Völkers Thessaloniki MMC

Your advisor: Eleni Varsami

Property ID: W-04BWS7

Property details
  • Object type

    Flat

  • Bedrooms

    6

  • Bathrooms

    6

  • Total surface

    ~250 m²

  • Living area

    ~250 m²

  • Flooring

    Carpet, Tiles

Energy efficiency information
  • Construction year

    1980

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

Location: Agia Triada, Thessaloniki

Location: This is a middle-class, safe and quiet area consisting mainly of residences and all kinds of shops, served by numerous bus routes and located very close to the Metro line. Schools, restaurants, several supermarkets and various local hangouts meet the needs of its residents.

Unique Features: The area is served by 3 main thoroughfares and offers direct access to Thessaloniki’s New Waterfront.

Accessibility: The area is 10 minutes from the heart of Thessaloniki, served by numerous bus routes in all directions and by the Metro line.

Investment Potential: The area is characterized by safety, tranquility, proximity to the city center (10 min.), direct access to universities, vocational institutes, public services, hospitals and schools, as well as good public transport.

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