Flat in Thessaloniki, Greece, 39 m²

THERMAE VIEW RESIDENCES - apartments near the Thessaloniki embankment with the possibility of obtaining a Golden Visa from €250,000

New residential project in the prestigious area of Analepsi, in the eastern part of Thessaloniki, just 300 meters from the famous promenade of Nea Paralia and the Thermal Gulf.

The project is located at Nikolaou Manou 16 - in a quiet residential area with developed infrastructure, close to the metro, medical facilities, shops, schools, restaurants and the main cultural attractions of the city.

About the project

The five-story building features modern one-bedroom apartments with thoughtful layouts, balconies and plenty of natural light.

Apartment area according to the presented plans:

• internal area - from 33 to 53 m²;
• balconies - from 2 to 11 m²;
• total area - from 37 to 63 m²;
• layouts - separate bedroom, living room with kitchen, bathroom and balcony.

The compact format of apartments is especially in demand among young professionals, medical workers, students, couples and renters who want to live close to the sea and the center of Thessaloniki.

Location

The main advantage of the project is the combination of full-fledged urban infrastructure and proximity to the sea:

• Nea Paralia embankment - 300 m;
• nearest bus stop - 110 m;
• Analipsi metro station - 700 m;
• Fleming metro station - about 750 m;
• AB Vasilopoulos supermarket - 140 m;
• thematic gardens of Nea Paralia - 600 m;
• tennis courts - 650 m;
• Ippokratio Hospital - 1.2 km;
• Theagenio Oncology Clinic - 1.8 km;
• Thessaloniki Concert Hall - 1.3 km;
• White Tower - 2.3 km;
• Tsimiski street and Ladadika district - about 3 km;
• Macedonia International Airport - 11.3 km

Large state, university and private clinics are located nearby. This creates a stable demand for long-term rentals from doctors, hospital employees, teachers, students and relatives of patients.

Investment conditions

A guaranteed rental program is provided for buyers:

• term - 3 years;
• guaranteed return - 3% per annum;
• initial deposit - 10%;
• the remaining amount is paid in three monthly installments;
• start of construction work - 1st quarter of 2027;
• planned completion - June 30, 2028;
• permissible grace period is up to 6 months.

The project is being implemented under the management of the Oikos group.

Golden Visa Greece

The property is offered to investors considering applying for a Greek Golden Visa with a minimum property value of €250,000 under a special program for changing the use of premises from non-residential to residential.

This is especially important for Thessaloniki: the standard Golden Visa threshold in the region is €800,000 and requires the purchase of one property with an area of at least 120 m². However, for properties officially converted from non-residential to residential, a special threshold of €250,000 remains without the standard requirement of 120 m².

The change of assignment must be officially completed before submitting the application for a residence permit; the procedure can be performed by the seller. The cost of the property must be paid in full before submitting the application. Such properties are allowed to be rented out only for long-term rent; short-term rent and subletting are prohibited. These conditions are established by Article 64 of Greek Law No. 5100/2024. Text of the law on the website of the Greek Parliament, Greek Ministry of Migration.

Golden Visa is issued for 5 years with the possibility of further extension while maintaining property ownership. You do not need to reside permanently in Greece to save it.

Why this project is worth considering

• one of the most sought after residential areas of Thessaloniki;
• only 300 meters to the landscaped sea promenade;
• metro within walking distance;
• compact marketable one-bedroom apartments;
• steady demand for long-term rentals;
• guaranteed rent of 3% per annum for the first three years;
• small down payment amount - 10%;
• opportunity to apply for a Golden Visa from €250,000 upon confirmation of a legal change in the purpose of the object;
• potential for real estate value growth after completion of construction and development of the metro line.