Building for Sale

For Sale: 5-storey investment building in Vardaris, Thessaloniki, in a prime and rapidly developing location. This is a modern building constructed in 2008, with a total surface area of approximately 516 sq.m., situated on a 124.55 sq.m. plot. The property comprises 8 apartments, 3 ground-floor retail units (currently configured as a single unified space), and 8 storage rooms. The construction is of high quality, featuring marble common areas and a KLEEMANN elevator of premium specifications, serving all levels of the building down to the basement. The property offers flexibility of use and a clear investment profile, with further potential for value enhancement through targeted renovation. Building layout 1st floor: 2 apartments (52.17 sq.m. and 48.41 sq.m.) 2nd floor: 2 apartments (52.17 sq.m. and 48.41 sq.m.) 3rd floor: 2 apartments (52.44 sq.m. and 29.31 sq.m.) 4th floor: 1 apartment (58.74 sq.m.) 5th floor: 1 apartment (30.67 sq.m.) Ground floor: 3 retail units (21.04 sq.m. – 25.92 sq.m. – 26.69 sq.m.), currently forming a single open space, with the possibility of conversion into two independent apartments Basement: 8 storage rooms (5.12 – 11.85 – 8.62 – 9.83 – 7.60 – 3.90 – 12.69 – 10.25 sq.m.) Location – Investment value The building is located in Vardaris, an area undergoing significant urban and commercial regeneration, with new pavements and modern public lighting. Immediate access to public transportation is provided, as the property is within close proximity to a metro station, as well as bus lines and the central railway station, ensuring excellent connectivity throughout Thessaloniki and beyond. The wider area is surrounded by major hotels, commercial properties, and new developments, while the strong presence of platforms such as Booking and Airbnb confirms the steadily increasing demand for residential and hospitality accommodation. Conclusion This is a property with a clear investment profile, ideal for a mixed-use investment strategy or for full repositioning following renovation. Although a light interior renovation is required, the year of construction (2008), the quality of the building, and the upward trajectory of the area create strong conditions for significant capital appreciation in the coming years.