Description

Property Code: #1063-17304 | Thessaloniki, Kato Toumba:

For sale: a semi-basement space (formerly commercial) measuring 170 sq.m. (classified for primary use), built in 1975, which has undergone a fully completed and legally sanctioned change of use to residential.

This represents an ideal investment choice; due to its former industrial character and the finalized change of use to residential, it qualifies for the favorable terms of the new Golden Visa framework.

It is a high-yield, ready-to-go investment opportunity. The property comes with approved architectural and electromechanical plans for its subdivision into 4 independent residential apartments (measuring 34.40 sq.m., 21.93 sq.m., 28.67 sq.m., and 39.49 sq.m., respectively) and 4 separate storage units (ranging from 1.00 sq.m. to 1.17 sq.m.). Furthermore, the property has been fully regularized under Law 4495/2017. It is situated in one of the most prime neighborhoods in the area, offering excellent connectivity and immediate access to major bus stops. It is also just a few minutes' walk from metro stations, ensuring quick and easy travel for students to the city's universities.

The neighborhood is well-established and ideal for residential living; it features schools of all levels nearby, as well as major supermarket chains, local markets, pharmacies, and various dining options—all just a stone's throw away.

Given its former use for commercial purposes, the property boasts a particularly robust construction, high ceilings (3.10m), and open-plan spaces. All the heavy, costly demolition work—including the removal of old materials—has already been completed.

Furthermore, the first phase of the new plumbing installation is fully finished. This includes a new central sewage system and modern multilayer piping for the water supply, with independent connection points for each of the four planned units. Provisions have also been made for an independent electric heating system. The space is exceptionally bright, thanks to large windows that allow for abundant natural light, and it features a spacious private backyard—designed for the exclusive use of 3 out of the 4 apartments.

There is also the option to create an entrance from within the building itself.

The strategic location and the advanced stage of the project minimize risk, eliminate costs associated with a change of use, and reduce the time required for completion, ensuring the property is ready for immediate rental.

The property comes with a complete technical dossier, including architectural floor plans, detailed 3D renderings of the final layout, and an explanatory video.

REMAX GOLD: Please note that to view the property, you will be required to provide your national ID card or your Tax Registration Number (AFM). www.remax-gold.gr

Contact Details:

City Center: 2310913913, 62 Egnatia St., City Center 546 24

Evosmos: 2310670590, 15 Smyrnis St., Evosmos 562 24