Block Of Flats, 681 sqm, Center Of Thessaloniki

Located in the heart of Thessaloniki’s historic center, in a position of rare architectural and cultural significance, an emblematic heritage/listed building of 681 sq.m., originally constructed in 1931, is available for sale, featuring an additional building allowance of 64 sq.m. This imposing property boasts unique aesthetic character and features a total of 20 rooms across multiple levels, offering exceptional capacity and limitless potential for custom architectural development.
The semi-basement consists of four independent storage rooms, ideal for conversion into communal amenities such as a laundry room, entertainment space, gym, or wellness spa. The elevated ground floor functions as a high piano nobile, comprising five spacious rooms alongside a central lounge or reception area. The 1st, 2nd, and 3rd floors follow a highly functional layout, each featuring four rooms, a private lounge space, a kitchen, and a bathroom. On the top level (4th floor), the property includes three additional rooms, a bathroom, and access to a strikingly large terrace, perfectly suited for the creation of an atmospheric roof garden with panoramic cityscape views. Although the building currently lacks an elevator, it features an existing designated space in the rear courtyard for its straightforward installation.
While the property requires full restoration, its structural framework, 20-room capacity, and prime position render it an architectural gem of extraordinary investment potential. Its versatile disposition makes it the ultimate candidate for transformation into a high-end Boutique Hotel, a modern concept Hostel, luxury student residences, a complex of executive serviced apartments, or even a flagship corporate headquarters.