Neoclassic Hotel for sale in Thessaloniki Center.
ID Th2-709

Neoclassic Hotel for sale in Thessaloniki Center. Nestled in the heart of Thessaloniki’s vibrant historic center, this magnificent neo-classical building, originally constructed in 1936, has been exquisitely transformed into a luxurious boutique suite establishment. Spanning 638 sqm across six levels, this property seamlessly blends timeless elegance with modern sophistication, offering both an exceptional investment opportunity and a refined private residence.

The building, fully reconstructed in 2022, houses 12 impeccably designed suites, each thoughtfully furnished and equipped to the highest standards. These suites promise steady year-round income, making the property an ideal choice for those seeking a profitable venture in the city’s thriving hospitality scene. The jewel of the building, however, lies on the top floor, where a lavish apartment provides an exclusive retreat. This expansive residence offers unparalleled luxury with its own private spa terrace, designed for relaxation while enjoying stunning city views. Read more

Neoclassic Hotel for sale in Thessaloniki Center. Nestled in the heart of Thessaloniki’s vibrant historic center, this magnificent neo-classical building, originally constructed in 1936, has been exquisitely transformed into a luxurious boutique suite establishment. Spanning 638 sqm across six levels, this property seamlessly blends timeless elegance with modern sophistication, offering both an exceptional investment opportunity and a refined private residence.

The building, fully reconstructed in 2022, houses 12 impeccably designed suites, each thoughtfully furnished and equipped to the highest standards. These suites promise steady year-round income, making the property an ideal choice for those seeking a profitable venture in the city’s thriving hospitality scene. The jewel of the building, however, lies on the top floor, where a lavish apartment provides an exclusive retreat. This expansive residence offers unparalleled luxury with its own private spa terrace, designed for relaxation while enjoying stunning city views.

As you step inside, the property welcomes you with a beautifully appointed reception area and a stylish lounge, setting the tone for the exceptional experience that awaits. Every detail has been carefully curated to ensure comfort and convenience, from the autonomous heating and air conditioning systems to the state-of-the-art security features. The building’s elegance extends outdoors, where a spacious veranda, lush garden, and a rooftop pool invite moments of tranquility amidst the urban surroundings.

With modern amenities such as a private elevator, basement storage, and mechanical rooms, this property offers both luxury and functionality. The energy-efficient design, classified as A+, not only ensures comfort but also reflects a commitment to sustainability. Located within walking distance of Thessaloniki’s key attractions, this neo-classical masterpiece offers an unparalleled living experience in one of Greece’s most iconic cities.

This is more than just a property; it’s an opportunity to own a piece of history, to reside in luxury, and to enjoy the steady rewards of an elegant boutique hotel, all under one roof.

Neoclassic Hotel for sale in Thessaloniki Center. Location Information:

Thessaloniki Greece (or Salonica), the capital of Macedonia Prefecture, is the second largest city in Greece, after Athens. In fact, the town is honorarily called co-capital, for its historical and administrative importance.

The history of the town started in ancient times and due to its strategic location, it played an important economic and political role in the wider region of the Balkans.

Thessaloniki’s real estate has salvaged its appeal for both domestic and foreign investors. In 2019, the city’s real estate market pivoted to the upward direction due to the growth of Greece’s economy after the recession. Also, the country’s position in the eurozone serves as a boost to prospective investors.

Real estate investment is a major example; according to the Bank of Greece, the amount of direct foreign investments in the property market amounts to €500 million.

Another major boost for the real estate market is the potential rental returns from the flourishing short-term rental market. Since the city is a booming tourist destination, it creates a high demand for rental properties.

Statistics show that records over 3 million tourist visits annually, and this is good news for rental property investors.

Thessaloniki holds a prominent position in Greece’s economy. This is one good reason why investing in real estate in the city is a wise investment choice.

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