MONASTIRIOU STREET - VARDARIS
INVESTMENT PROPERTY - GOLDEN VISA: 3-facet industrial space, 1st raised floor, 616 sq m. gross and 586 sq m. net, 47 years old (1979), with recent renovation, as an office space, with perimeter openings, ideal also for residences (with adequate lighting and ventilation), serviced apartments/airbnb type, in a key point, between the OSE train station and the KTEL buses of "Macedonia", near the "One Salonica" shopping center and the future Holocaust museum.
CURRENT STATUS
Leased as office space for €2,000 until the end of 2027. With reception area, accounting, production area, showroom, kitchen, bathroom, W.C., has autonomous heating and cooling from A/C, and parking in the rear uncovered area of the plot
POSSIBILITY OF CHANGE OF USE
Possibility of changing the permit to a residence. Possibility of building 10–12 autonomous apartments, or 12–14 apartments of 40-50 sq m, or 16–18 studios of 28-35 sq m. Target small and medium-sized residences for: employees, students, company personnel, long-term lease, corporate housing.
MONASTIRIOU STREET
Monastiriou Street and more generally the western entrance to Thessaloniki, is one of the few areas of the city where a relatively strong investment scenario can be formulated, based on large infrastructure and urban upgrading projects.
The Holocaust Museum of Greece, which is being built next to the Old Railway Station, right on the axis of the western entrance, with a budget of approximately 40 million euros, an area of approximately 9,000 square meters, functions as a "catalyst", in combination with new transportation, public space renovations, hotel investments, conversions of old industrial buildings, and increased traffic.
In terms of investment, Monastiriou Street remains significantly cheaper than the center and the eastern side. If the area gains more tourist and business interest, the old offices and industrial properties may acquire new uses (offices, serviced apartments, student housing) and the short distance from the museum usually creates demand for: hotels, short-term rental, catering, offices.
- Price: €530.000 (Property Code: 8-2416509)
- For more information or clarifications do not hesitate to contact us. Thank you very much!!
- Contact Hours 09:00 - 21:00 Monday - Friday and 09:00 - 18:00 on Saturday.
- The address and pin on the map are indicative of the location of the property.
- All information and features of the property are based on information provided by the principal.
- In order to indicate the property, the identification and the VAT NUMBER ("A.F.M.") are necessary according to LAW N.4072/11-04-2012 Official Gazette 86A.