Engel & Völkers
New
A vacant room with white walls, tiled floor, and a dark wood TV stand with a TV. A glass door with curtains leads to a balcony. A chandelier hangs from the ceiling.

3rd floor apartment with two bedrooms and spacious balcony

€145,000
  • 2 Bedrooms
  • 1 Bathrooms
  • ~91 m² Total surface
  • ~91 m² Living area

Description

A bright and comfortable apartment is available for sale on the 3rd floor, in a quiet and convenient area. The property is an excellent choice for a family, couple, or anyone seeking a modern and functional living space. It consists of two bedrooms, a separate kitchen, and a renovated bathroom with modern facilities. The heating is autonomous with natural gas, and there is also a solar water heater, offering significant savings and comfort throughout the year. The apartment also features a spacious balcony, ideal for outdoor seating. A well-maintained and functional property, ready to meet the needs of modern living.
Features
Air-conditioningBalconySecurity system
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Engel & Völkers Thessaloniki MMC

Your advisor: Kostas Kalaitzis

Property ID: W-046J75

Property details

  • Object type

    Flat

  • Condition

    Average

  • Bedrooms

    2

  • Bathrooms

    1

  • Floor

    3

  • Total surface

    ~91 m²

  • Living area

    ~91 m²

  • Flooring

    Parquet, Tiles

Energy efficiency information

  • Construction year

    1976

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Type of heating

    Radiator

  • Energy source

    Decentral heating, Gas heating, Solar heating

Location: Thessaloniki, Central Macedonia

Panagia Faneromeni in Thessaloniki, located at the borders of the Center - Upper Town - Sykeon, is an emerging micro real estate market with strong value-add potential. The central location, direct access to Vardaris / Democracy Square and the Egnatia - Monastiriou - Lagada axes, as well as dense public transportation, increase rental demand from students, young professionals, and digital nomads. The property stock mainly consists of apartment buildings from the 1960s–1980s and ground-floor former shops, ideal for renovation or conversion into lofts with high ceilings and wide frontage. Purchase prices remain significantly lower than the key points of the Center, offering an attractive entry and potential for added value through energy upgrades, floor plan redesigns, and modern aesthetics. For investors, strategies such as buy-renew-rent, mid-term leases of 3–12 months, or small-scale co-living optimize returns per square meter, while proximity to Vardaris and the metro station supports absorption and liquidity. Critical selection factors are the micro-location within the building block, floor and elevator, energy class, and legality of uses, especially in loft conversions. Overall, Panagia Faneromeni Thessaloniki combines affordability, central lifestyle, and strong investment prospects for buyers seeking returns and long-term value.

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