Commercial Space for sale in Thessaloniki

About this property

Commercial Space for sale in Thessaloniki. 82sqm plus basement are combined into a unique opportunity to invest in highly promising area of Thessaloniki, and establish any kind of business, or generate a healthy rental income on an annual basis. It holds an exceptional location close to the heart of the city and all public transport. 20sqm basement.

83sqm outdoor space on the street. It is suitable for any kind of business guaranteed to be a success. It is ideal for savvy investors looking to host their business in an area that attracts many visitors looking for a unique marketplace while visiting the big city of Thessaloniki. Commercial Space 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.

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