Description
Building for sale in Oreokastro Thessaloniki. Located in the prime commercial area of Oraiokastro, this expansive 16,200 sqm property offers unmatched visibility and exceptional investment potential. As the largest building in the region, it stands out not only for its impressive size but also for its strategic location and extensive parking facilities that can accommodate approximately 500 vehicles on a vast 20,000 sqm plot.
The building spans four floors, each with a height of approximately 4 meters, providing flexible space for diverse business needs. Renovated office spaces of 400 sqm add to its appeal, along with two heavy-duty freight elevators, two loading ramps, a private well, a complete fire protection system, and natural gas heating. Additionally, a 100 kW photovoltaic park installed on the roof ensures sustainable energy solutions.
Built in 1970, this property is fully equipped to meet modern commercial demands and offers direct access via a main asphalt road. This is an unparalleled investment opportunity in a growing area, ideal for large-scale business operations seeking a substantial footprint and high-profile location.
Building for sale in Oreokastro Thessaloniki. Location information:
Thessaloniki Greece (or Salonica), the capital of Macedonia Prefecture, is the second largest city in Greece, after Athens. In fact, the town is honorarily called co-capital, for its historical and administrative importance.
The history of the town started in ancient times and due to its strategic location, it played an important economic and political role in the wider region of the Balkans.
Thessaloniki’s real estate has salvaged its appeal for both domestic and foreign investors. In 2019, the city’s real estate market pivoted to the upward direction due to the growth of Greece’s economy after the recession. Also, the country’s position in the eurozone serves as a boost to prospective investors.
Real estate investment is a major example; according to the Bank of Greece, the amount of direct foreign investments in the property market amounts to €500 million.
Another major boost for the real estate market is the potential rental returns from the flourishing short-term rental market. Since the city is a booming tourist destination, it creates a high demand for rental properties.
Statistics show that records over 3 million tourist visits annually, and this is good news for rental property investors.
Thessaloniki holds a prominent position in Greece’s economy. This is one good reason why investing in real estate in the city is a wise investment choice.
You may visit our Golden Visa page, https://greek-golden-visa.com/ for detailed information regarding the procedure of applying and obtaining the Greek Golden Visa, as well as all its benefits.
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