Thessaloniki Apartment for sale in Konstantinopolitika

Investing in Thessaloniki provides high rental yields with the area highly sought after by young professionals and city center workers.

Inside, properties have been designed as affordable luxury mixed-use apartments, suitable for city workers, investors seeking income, or those looking to live close to all amenities and public transport.

Open plan living rooms move off to fitted kitchens, while large windows allow light to enter and balconies attached provide enough space for outfoor seating and relaxing.

This duplex apartment spreads on the first and second floor of the apartment building, and is entering into a spacious open plan living room-kitchen area, opening to a generous sized veranda.

On the same level there is also one bedroom with a private balcony, as well as a bathroom with a walk-in shower.

Internal stairs are taking us to the upper level, occupied by two bedrooms with private balconies, and one bathroom.

This could be a great home, one’s personal sanctuary, or a profitable rental home in the beautiful city of Thessaloniki.

Thessaloniki Apartment for sale in Konstantinopolitika 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.

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