Ktimatoemporiki — Real Estate in Greece
FOR SALE

Building for sale in Thessaloniki

Oreokastro-Migdonia, Thessaloniki · Ref ThB-1478

€ 1,900,000

€ 1,118 per m²

Type

Building

Living space

1700 sq.m.

Plot

33000 sq.m.

Built

1988

On Ktimatoemporiki

37 days

Reference

ThB-1478

About this property

Building for sale in Thessaloniki. This industrial building, spanning over 1,700 sqm, is available for sale on a vast 33,000 sqm plot, located strategically at the border of Kilkis and Thessaloniki, right before the bridge on the old road to Thessaloniki in a prominent industrial area. The property, built in 1988, boasts single-level construction with specifications that allow for further expansion, making it ideal for businesses looking to scale operations over time. Positioned on a corner plot with direct access from the main asphalt road, the building offers high visibility and convenient accessibility. The land runs parallel to the road, maximizing exposure. The building itself is well-equipped with five bathrooms and five additional WC facilities, and it operates on a reliable three-phase electricity system to support heavy industrial machinery and operations. This expansive, high-potential property presents a unique investment opportunity, perfectly suited for various industrial and commercial uses in one of Northern Greece’s growing industrial zones. Building 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. You may visit our Golden Visa page, Greek Golden Visa for detailed information regarding the procedure of applying and obtaining the Greek Golden Visa, as well as all its benefits.

Insights

  • Price vs Thessaloniki avg▼58%

    € 1,118 vs € 2,689/m² area average · 338 listings

  • Est. rental yield15.9%

    ≈ € 25,120/mo · from 12 rentals in Thessaloniki

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Estimated monthly payment

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Price € 1,900,000 ·
Indicative only — not a financing offer.

Location

Approximate area shown for privacy.

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