Description:

Apartments project for sale in Thessaloniki, Greece.

The project has 4 units, the size of the apartments ranges between 43-56 sq.m, on the first floor of a 7-story building, each floor area about 330 sq.m, with shops on the ground floor and 2 elevators.

The building was built in 1974.

The cost of apartments ranges from €77,600 to €98,200.

Expect long-term rental yield ~ 8% (6.6% -7.2% net after expenses)

Expect short-term rental yield ~ 13% -16% (8% -9.6% net after expenses)

Expect a key – October 2020.

The project is located in the center of the city, about a mile from Thessaloniki’s main train station, just a few steps from the subway that is expected to begin operation in November 2020, about 500 meters from the Central Avenue, 600 meters from the sea, 400 meters from “Ladadika”, the local “Neve Tzedek” (taverns), near the university and the court.