Queen Olga Avenue, Thessaloniki

Investment Opportunity:  Queen Olga Avenue, Thessaloniki
Unlock the potential of Thessaloniki’s thriving real estate market with this unique investment opportunity at 104 Queen Olga Avenue. This distinguished address hosts two exquisite apartments, setting the stage for a lucrative venture in a city on the rise.

Apartment A – Ascension Studio
– Prime Location:
Nestled in the vibrant Ascension neighborhood, this ground-floor studio offers direct exterior access from a quaint courtyard.
– Modern Amenities:
Spanning 32 square meters, the space has been completely renovated and comes furnished with top-tier appliances, ready for immediate occupancy.
– Strong Rental History:
Previously rented at €340 with a forecasted potential rent increase, bolstering its investment appeal.

Apartment B – Ascension Retreat
– Elegant Living:
A 37 square meter, side-facing ground-floor studio featuring contemporary design and a cozy balcony to enjoy the urban ambiance.
– Fully Equipped:
Renovated to perfection, furnished, and equipped with all necessary appliances including air conditioning, ensuring tenant comfort.
– Rental Prospects:
With a previous rent of €360 and an expected upgrade to €380, this unit is primed for profitability.
Investment Highlights:
– Combined Selling Price:
The duo is on the market for €120,000, presenting a rare chance to own a slice of Thessaloniki’s heritage.
– Attractive ROI:
Projected at 7.5%, these properties stand as a beacon for savvy investors seeking to capitalize on the city’s ascending real estate trajectory.
– Neighborhood Allure:
Situated in an area known for its rich cultural scene and proximity to landmarks, this location is highly coveted for long-term value.
– Golden Visa Opportunity: An excellent candidate for Greece’s Golden Visa program, offering residency benefits to investors and a gateway to Europe.
– Market Momentum:
Thessaloniki’s real estate sector is burgeoning, propelled by infrastructure developments and international interest, ensuring a robust investment climate.

The Queen Olga Avenue isn’t just a property; it’s a portal to endless possibilities in a city that’s as historical as it is forward-thinking. Position yourself at the forefront of Thessaloniki’s growth – an investment here is not just in property, but in potential.
Seize the moment – where legacy meets opportunity.