Flats for sale in the western part of the city of Thessaloniki. The flats are located near the center of the city, just in a 10-minute drive or a 20 minute walk away. Very convenient area with developed infrastructure, within walking distance to grocery stores, a church, a railway station, a school and a kindergarten.
Flats with one or two bedrooms 39 m² and 75 sq.m. The apartment of 39 square meters is located on the top floor (fifth) and has access to a large veranda of personal use. Price 40.000 euro. Apartments 75 sq.m are located on the second and third floors. Second floor apartment has a large glassed-in balcony (25 sqm). Price 70.000 euro. The apartment on the third floor has the price of 67.000 euros.
Currently, the 2 apartments are rented, so the purchase of this flats is a profitable investment!
Our experts have estimated an annual profitability rate on that particular project in the proximity of 3,45% and  from its lease. For the sake of highest possible accuracy in our calculations, we have taken into account the costs of acquisition as well as registration processes of the property in addition to legal costs and tax induced on the transfer of the property. And getting a guaranteed monthly average cost of rent in the amount of €230.