Golden Visa Apartment for Sale in Thessaloniki. ID Th4-12595

Thessaloniki, Greece

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Description

Golden Visa Apartment for Sale in Thessaloniki. This apartment is part of a new residential investment development in the center of Thessaloniki, created through the conversion of a former industrial and commercial building into modern residential units designed specifically for buyers seeking eligibility for the Greek Golden Visa program. The residence presented here is one apartment within a complex of 15 units that are currently under development. The project includes nine apartments on the 2nd floor and six apartments on the 4th floor. The development is built on a plot of approximately 800 sq.m. with a total residential surface of around 670 sq.m., transforming the building into a contemporary urban residential complex in one of the most dynamic areas of Thessaloniki. This particular apartment is located on the 2nd floor and offers an interior surface ranging between 36 and 42 sq.m. The property is designed on a single level and features one bedroom, a living area with kitchen and a WC. The layout has been carefully planned to maximize functionality and comfort within a compact living space, making it particularly attractive for city living as well as for investment use. The apartment benefits from an eastern orientation which allows natural light to enter the property throughout the morning hours, creating a bright and pleasant interior environment. Heating is autonomous and powered by electricity, offering practical and efficient energy management for both owners and tenants. The building is classified with an Energy Class C rating and the project is currently under construction. Located in the center of Thessaloniki, the apartment enjoys immediate access to public transportation, universities, shops, restaurants and the vibrant commercial life of the city. Apartments of this size in central Thessaloniki are highly sought after by students, young professionals and visitors, making them particularly attractive for both long term rental and short term accommodation. As part of a modern development of 15 apartments designed with international investors in mind, this property represents an excellent opportunity to acquire a Golden Visa eligible residence in Thessaloniki while also securing a real estate asset with strong rental demand and long term investment value. Golden Visa Apartment for Sale in 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.