Building for sale in Thessaloniki

Property Features
- First floor/mezzanine: 171 sq.m., with a ceiling height of 2.95 m and a separate entrance from the building's staircase.
- Ground floor: 151 sq.m., with an approximately 3 m frontage.
- Access to building infrastructure and utilities via the underground parking area below the property, subject to technical verification of the proposed connections.

Investment Potential

The layout offers the opportunity to investigate the conversion into up to four independent residential units, with indicative areas of 90, 70, 80 and 70 sq.m. Such a configuration is subject to planning regulations, building requirements and the necessary technical approvals.

Additionally, a 100 sq.m. section at the rear of the ground floor is currently leased until 1 June 2027, providing an existing rental income stream.

Golden Visa and Change of Use

The potential conversion from commercial to residential use may create an interesting investment opportunity in connection with Greece's Golden Visa programme. Eligibility, the applicable minimum investment threshold and all programme requirements must be verified under current legislation and in relation to the property's specific characteristics.

With its strategic location near the Metro, substantial floor area and potential for multiple income streams, this property is worth considering for investors seeking a flexible real estate investment with long-term development prospects. Code: 7623