Sale, Residential, Building

THESSALONIKI - CENTER - CENTER

Property Code: 522158

Rooms 12
Bathrooms 5
Floor 0 (Ground Floor)
Parking 0
Area 638 m2
Construction 1937

1500000

or by acquiring a mortgage €/ΜONTH

2351.0971786834 € / m2

Modify Date: 18/05/26

Description

Suitable also for Golden Visa. FOR SALE preserved building in the heart of the city center, offering exceptional development prospects and high investment value. This unique property combines the architectural identity of a preserved building with the flexibility of modern redevelopment, as the preservation status applies only to the façade, allowing significant freedom for reconstruction and future use. The property is situated on a 230sqm plot with a building coefficient of 4.8 and the possibility to construct up to 7 floors. In case of redevelopment, the same architectural morphology of the façade must be maintained on the first 3 floors, preserving the character and aesthetic value of the building while allowing for a modern investment project. The total building area is 630sqm and consists of 4 floors plus a penthouse level. In the basement there are storage spaces with a total surface of 110sqm, functioning as auxiliary spaces for the apartments. On the ground floor there are two retail stores of 64sqm and 44sqm respectively. The 1st, 2nd and 3rd floors each feature two dual-aspect apartments of 75sqm each, consisting of two bedrooms, kitchen and bathroom. On the 4th floor there are two smaller apartments of 40sqm with a very large terrace, while at the rear of the building there is a courtyard. The property represents an outstanding investment opportunity due to its prime central location, with direct access to public transportation, commercial areas, universities and tourist attractions. The area maintains strong demand for both long-term and short-term rentals, offering excellent yield potential. It is ideal for boutique apartments, serviced apartments, hospitality use, student housing or luxury residences. The high building coefficient and redevelopment potential further enhance the property’s future value, while the preserved façade adds prestige, timeless character and significant commercial appeal to any future development. Price negociable.

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Drainage : Sewer
Elevator : No
Floors : Parquet
Satellite Antena : ---
Solar heater : Preinstallation
Heating : Central
Pets acceptable : Yes
Burner : Petrol
Kitchen : Independent, Bright, With window
Kitchen (number) : 5
Stairs : Interior
Type Power : Three phase
Floor area 0 : 110
Level Use : Store
Floor area 1 : 150
Level Use : Living room, Kitchen, Small bedrooms, Bath
Floor area 2 : 150
Level Use : Living room, Kitchen, Small bedrooms, Bath
Floor area 3 : 150
Level Use : Living room, Kitchen, Small bedrooms, Bath
Floor area 4 : 88
Level Use : Room
Terraces (s.m.) : 0
Property area : 230
External appearance : Good
Garden (s.m.) : 0
Balconies (s.m.) : 3
Surrounding area : Big plot, Quiet area, Close to public transports
Swimming pool (s.m.) : 0
Storehouse (s.m.) : 0
No. Floors : 4
Number of apartments : 6
Zone : Residential zone
View : Unlimited
Position : Facade
Suitable for Vacation House : No
Suitable for Business use : Yes
Suitable for Students : No
Hired : No
Quality construction : Excellent construction
Transportation : Bus, Metro
Private Terrace : Yes
Private Terrace (s.m.) : 60

Loan Calculation

Loan Amount *Minimum loan amount 10.000€ Floating Interest Rate: Euribor 3M (indicatively 2%) + spread (from 1.75%) + contribution L.128/75 (0.12%) Fixed Interest Rate: from 2.8% + contribution L.128/75 (0.12%)
Loan Interest
Loan Repayment Period

Example: Loan of €100,000, total duration 30 years. For the first three years, final interest rate 2.92% and for the remaining 27 years, final interest rate 4%. Indicative installment for the first three years ~€420 and for the remaining 27 years ~€500

Indicative Installment Amount

Interest Amount:
*The final interest rate is determined based on the mortgage loan program (floating, hybrid, fixed) and the borrower's profile.

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