Panepistimiou - a boutique building next to Aristotle University
Key features
Details
Property description
The Panepistimiou project is a 4-storey boutique building in the heart of Thessaloniki, in the popular student area of Evangelistria , just 4 minutes walk from Aristotle University , the largest university in Greece. The area is characterized by a high student density and developed rental infrastructure, which makes the property ideal for rental and stable income.
📐 Object characteristics:
4 floors / 4 apartments:
– 3 apartments of 43 m² + 4 m² balcony
– 1 rooftop apartment: 37 m² + 12 m² terraceTotal area: 180 m² , plot: 75 m²
The building was built in the 1960s and has no elevator.
At the moment all apartments are rented to international students for €530 per month
High demand from tenants (especially international students)
Redevelopment of up to 6 apartments is possible with a valid permit
💼 Terms of sale:
The property is sold fully leased or vacant (at the buyer's choice)
Price: €105,000 per apartment , including all expenses (taxes, notary, lawyer, cadastral)
The management company remains with the project and provides full support:
– opening of TIN
- lease administration
- maintenance
- buyer representation
📍 Location and accessibility:
Aristotle University – 300–350 m
White Tower - 10 min walk
Aristotelous Square - 4 min
Metro station - 5 min