A historic building of exceptional architectural value

In a residential area of Thessaloniki, a unique neoclassical property is offered for sale, designated as a listed/preserved building by Government Gazette (FEK), together with an additional vacant plot that offers significant development potential. The listed building features distinctive architectural elements and can be restored and converted into a special professional or investment space, such as: • Boutique hotel or luxury suites • Company headquarters or high-aesthetic offices • Multi-purpose hospitality or cultural venue • Residence of exceptional architectural value The major advantage of the property is the additional plot, which is not subject to the restrictions of the listed building, allowing the construction of a new building in accordance with the applicable urban planning regulations. The new development can be used for: • additional rooms or apartments • modern professional spaces • ancillary areas or parking spaces • expansion of hospitality use or residence The property has an approved permit for a 4* boutique hotel and consists of a semi-basement, ground floor and 2 floors. The building is 560 sq.m., has a 300 sq.m. courtyard, and can build approximately another 980 sq.m. on the plot behind the listed building. Based on the building coefficient (1.8), the total buildable area is 1,540 sq.m., suitable for a boutique hotel with 10 rooms, garden, restaurant, conference areas and offices. The combination of a historic neoclassical building with the possibility of new development creates a rare investment opportunity with significant value-added prospects. Ideal for investors wishing to create a distinctive project in the city of Thessaloniki.