Object Parameters
Location: Panorama, Eastern Thessaloniki, Greece
Cost: 750,000 euros
Living area: 230 sq.m
Land area: 300 sq.m
Bedrooms: 5
Bathrooms: 4
Energy efficiency: energy passport in the process of registration
Additional amenities: private pool, satellite TV, fireplace, air conditioning, balcony, mosquito nets, BBQ, parking, automatic watering system
Distance to the airport: 12 km
Description and advantages of the purchase
This luxury villa in the elite Panorama area of Eastern Thessaloniki is an ideal choice for those who appreciate comfort, privacy and magnificent panoramic views. The unique combination of a high level of privacy and proximity to major infrastructure facilities makes this property ideal for living or renting. The villa is equipped with modern air conditioning and heating systems, providing a comfortable microclimate at any time of the year. A private pool and barbecue area will become favorite places to relax, and the availability of satellite TV and high-speed Internet allows you to stay connected and access global entertainment resources.
Tourism potential and investment attractiveness
The Panorama area is known for its tranquility and high quality of life, while it is only a 20-minute drive from the center of Thessaloniki, which makes it attractive for tourists and property owners. Thessaloniki attracts tourists with both cultural attractions and beautiful beaches. The high rental demand in the area provides property owners with a stable income from short- and long-term rentals. The average rental rate for similar properties is from 200 euros per day during the tourist season, which makes the villa an attractive investment.
The right to obtain a residence permit when buying real estate
Greece offers the possibility of obtaining a residence permit when buying a property worth 250,000 euros or more, which also applies to this object. A residence permit gives the owner and his family the right to free movement within the Schengen area and the possibility of long-term residence in Greece.
Real estate market: price dynamics
The Greek real estate market has shown steady growth over the past 5 years, averaging up to 6% per year. Eastern Thessaloniki, as part of a coastal area with high tourist attractiveness, shows an outstripping rate of growth in real estate prices.