Sale, Residential, Apartment

THESSALONIKI - CENTER - PAPAFI

Property Code: 523544

Rooms 3
Bathrooms 1
Floor 2 (2nd)
Parking 0
Area 85 m2
Construction 1970

163000

or by acquiring a mortgage €/ΜONTH

1917.6470588235 € / m2

Modify Date: 26/05/26

Description

FOR SALE: Excellent investment apartment of 85 sq.m. in the area of Kato Toumba, Thessaloniki, just 2 streets above Hippokratio Hospital, in a highly privileged location close to the metro station, universities, and the city center. The property is situated on the 2nd floor of a 1970 building, without an elevator, and features balconies on both the front and rear sides, offering a bright and airy layout. It consists of 3 bedrooms, 2 of which are particularly spacious, an open-plan living room and kitchen, and 1 bathroom. An ideal choice both for private residence and investment purposes, with strong development potential, as there is the possibility to divide it into two smaller apartments — a project that has already been examined and approved by engineers. Its strategic location near the metro and universities makes it perfect for student housing or long-term rental, offering excellent return potential.

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Boiler : ---
WC (number) : 0
Drainage : Sewer
Elevator : No
Floors : Mosaic, Oak
Equipment : Bed sheets, Towels, Blankets, Pilows
Furnished : Yes
Electrical devices : All
Heating : Central
Living room : Big
Pets acceptable : Yes
Burner : Petrol
Air conditioning : Yes
Kitchen : Single with dinning room, With balcony
Kitchen (number) : 1
Bathrooms : Big
Bathrooms (number) : 1
Guestroom : ---
Sitting room : Big
Dining room : Single with kitchen
Type Power : Single phase
Rooms : 2
Double bedrooms (number) : 2
Natural Gas : ---
Terraces (s.m.) : 0
External appearance : Good
Noise : Quiet
Garden (s.m.) : 0
Balconies (s.m.) : 15
Surrounding area : Close to school, Close to market, Close to public transports
Swimming pool (s.m.) : 0
Storehouse : Yes
No. Floors : 3
Number of apartments : 6
Zone : Residential zone
Positions Parking (number) : 0
Position : Double frontage
Suitable for Vacation House : Yes
Suitable for Business use : Yes
Suitable for Students : Yes
Hired : No
Quality area : Good
Orientation : Northwestern
Transportation : Bus, Metro

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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