Single-family detached house 1860 m², to be refurbished, Vardaris, Vardaris - Lahanokipi

Independent building with a total area of 1,860 sq.m., offering a unique opportunity for capital investment in an area with rapidly growing commercial and residential value, constituting one of the city’s most critical “business corridors.” The property features a strategic layout and the unique advantage of sea views from the 5th floor and above, making it ideal for high-spec projects. Space Layout: The building extends over 11 levels, offering absolute flexibility of configuration: - Basement: 205.57 sq.m. - Ground floor: 79.76 sq.m. - Mezzanine: 20.64 sq.m. - 7 Floors (total area 1,510.10 sq.m.) - 1st floor: 252.50 sq.m. - 2nd floor: 254.00 sq.m. - 3rd floor: 252.50 sq.m. - 4th floor: 227.05 sq.m. - 5th floor: 200.80 sq.m. - 6th floor: 174.95 sq.m. - 7th floor: 148.30 sq.m. - Roof terrace: 44.25 sq.m. Why invest in this property: 1. Flexibility of Use: Designed to be converted into 40+ self-contained apartments/studios, ideal for the €250,000 Golden Visa with change of use, a student residence, a boutique hotel, or a modern professional office building. 2. Ready-to-Go Studies: Layout/design studies are already available, accelerating your investment process. 3. Turnkey Potential: Possibility of reconstruction by a specialized technical company, so that the property is delivered ready for operation, relieving you of coordinating the works, subject to agreement on the price. 4. Strategic Location: Situated in an area with strong momentum, ensuring high occupancy and stable returns (ROI). Technical Note: The property requires renovation, allowing you to shape the interior design and specifications based on current market needs, maximizing the added value of your capital. Sale price: At €1,559.00/sq.m., this property is a unique investment opportunity. In a market where property returns in the center of Thessaloniki remain strong, the acquisition of a 1,860 sq.m. building in the Courts area functions as a safe investment haven. Whether used as a student residence, a boutique hotel, or a professional building, the property benefits directly from the business activity generated throughout the Courts corridor. Contact us to schedule a site visit. Location: Lachanokipoi is a western district of Thessaloniki, located between Giannitson Street and 28th October Street.  Unique Features: In previous years, the area’s land was used for cultivating vegetables and garden produce, which is how the current name Lachanokipoi (“Vegetable Gardens”) arose.   The area includes public and private land, and railway lines pass through it. Lachanokipoi is in a strategic location, close to the port, the railway station, and the city center, with local authorities thoroughly examining the possibility of regeneration and development of Lachanokipoi.  Accessibility: Major road arteries run through Lachanokipoi, connecting it to all key points of Thessaloniki. Investment Potential: The area’s strategic position increases its investment appeal.