Description
A high-value investment property is offered for sale, located just 70 meters from the sea, in the center of Agia Triada, one of the most rapidly developing coastal areas of the Thermaic Gulf. The asset consists of two independent two-storey buildings with a total surface of 270 m² situated on a 440 m² plot, offering sea view and excellent accessibility, only 8.3 km from Thessaloniki International Airport. The buildings, constructed in 1955 and 1960, require full renovation, providing the investor with the opportunity to fully reposition the property according to modern market standards and maximize its value. Under a development scenario involving the creation of 6 to 8 apartments of approximately 30 to 45 m² each for short-term rental use. The projected return on investment can reach 8 to 12 percent annually, depending on renovation costs and management efficiency. The strategic location of the property, within walking distance from the sea and in the center of the settlement, combined with the ability to develop multiple independent units and the proximity to the airport, creates a strong investment profile with high upside potential. The area is experiencing increasing demand from both domestic and international buyers, further strengthening the long-term value and liquidity of the investment. Estimated average annual occupancy: 65 to 75 percent. A long-term rental scenario offers a projected return of 5 to 7 percent.
Features
Location
The place listed in the advert is shown. Confirm the exact address with the agent.
Open in Google Maps ↗
