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  • €47,000
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A 61 sq.m. semi-basement studio in Faliro, Thessaloniki, steps from the New Waterfront and Vasilissis Olgas Avenue. Ideal for investors seeking high rental returns with minimal investment.

Property Overview:
- 61 sq.m. semi-basement studio
- Separate kitchen & extra 4.5 sq.m. storage/office
- Renovated May 2025: waterproofing, flooring, painting
- Prime location near waterfront & city center
- Price: EUR 47,000

Key Features:
- Double-glazed windows & security door
- Updated bathroom plumbing
- Electric heating & modern finishes
- Estimated yield: 8-11%

Description:
Renovated to high standards, this studio offers a practical layout with a separate kitchen and bonus workspace. Located in a high-demand rental area, it is ready to rent immediately, providing attractive ROI potential for long-term or student tenants.

Comment:
Faliro - Ippokrateio (Agia Triada / Radio City Area) High-Yield Investment Studio 61 sq.m. An excellent investment opportunity in one of Thessaloniki-s most sought-after rental areas, just steps from Vasilissis Olgas Avenue and the New Waterfront. This spacious 61 sq.m. semi-basement studio offers strong rental potential due to its prime location and functional layout. Investment Highlights - Large 1-bedroom layout easily rentable as a full apartment; Separate kitchen for higher tenant appeal compared to studios; Extra 4.5 sq.m. space ideal for office or storage; Recent renovations in 2025 reducing upfront costs; Very attractive entry price. Upgrades & Features - Renovated May 2025 with waterproofing, new flooring and painting; Updated bathroom plumbing; Double-glazed windows; Security door; Laminate and tile flooring; Electric heating. Location - Walking distance to New Waterfront (Nea Paralia), the city center, universities, public transport and major roads. Rental Potential (Estimated) - Long-term rental 350 to 450 EUR per month; Student rental 300 to 400 EUR per month; Potential gross yield around 8 to 11 percent. High demand from students and young professionals, low acquisition cost for strong ROI potential, and the property is ready to rent with minimal additional investment. Price 47000 EUR. Property Code 19-43331.
A 61 sq.m. semi-basement studio in Faliro, Thessaloniki, steps from the New Waterfront and Vasilissis Olgas Avenue. Ideal for investors seeking high rental returns with minimal investment.

Property Overview:
- 61 sq.m. semi-basement studio
- Separate kitchen & extra 4.5 sq.m. storage/office
- Renovated May 2025: waterproofing, f...
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Sovereign Brokers

Sales Agent
Stelios Ratsikas
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