- A growing real estate market: Thessaloniki is one of the largest and most dynamically developing cities in Greece. This means that the real estate demand in the region is constantly increasing, which can lead to an increase in the value of your investment over time.
- Infrastructure and development: Thessaloniki has an excellent infrastructure including transport network, health, education and cultural facilities. This makes the city attractive to residents and investors, which contributes to a steady increase in property prices.
- Tourism and attraction: Thessaloniki is a popular tourist destination with a rich cultural heritage and sights. This attracts many tourists, which creates a need for rental accommodation and provides property owners with an opportunity to generate income from the tourism sector.
- Market stability: Despite the financial crises and instability in the global economy, real estate in Thessaloniki shows steady growth and long term sustainability. This makes real estate investments in the city attractive for those looking for a safe place to preserve and increase their capital.
- Political stability: Greece is a member of the European Union and the country has a stable political situation. This encourages a favorable environment for real estate investments, as the government seeks to create a business-friendly climate and attract foreign investors.
- Rental yields: Thessaloniki is a large university city with many students and young professionals, which guarantees a high demand for rental properties. Investing in rental properties can bring a steady rental income, especially if you buy property close to universities or areas popular to students.
- Emerging hospitality market: In recent years Thessaloniki has become a popular destination for international conventions, conferences and business events. This attracts business people who are looking for comfortable and convenient accommodation during their stay. Acquiring a property for short term rentals for such guests can be a lucrative source of income.
Overall Thessaloniki offers many advantages to property investors including a stable market, increasing rental demand, developed infrastructure and political stability. Thessaloniki is an excellent place to invest in real estate. You are welcome to explore the lucrative offers in the region below.
1/ For Sale - Flat 38 m² in Thessaloniki (Profitability 5,90%)
2/ For Sale - Flat 54 m² in Thessaloniki (Profitability 5,00%)
3 / For Sale - Flat 50 m² in Thessaloniki (Profitability 5,10%)
4 / For Sale - Flat 88 m² in Thessaloniki (Profitability 6,00%)