Greece. Thessaloniki. Investment project inexpensive. Object code 29341 The Region Of Thessaloniki Type Business The price is 250 000 € Area of 200 m2 Dist. from the sea, 2400 m Dist. to nice airport. 14.6 km For sale investment project in the district of Toumba, Thessaloniki. The building is located near universities, and close to the historical centre. The building will be completely renovated and ready for use. The total building area 200 sqm, consists of 3 apartments and 1 Studio apartments, located on the terrace. Each apartment consists of bedroom, living room, kitchen, bathroom, and pantry. The Studio features a living room and a bathroom. The apartment is on the first floor with an area of 55 sq. m. can be rented out for 260 euros/month. The apartment is on the first floor with an area of 66 sq. m. for 360 euros/ month. Apartment of 66 sqm, located on the second floor can be rented for 380 € /month, a Studio apartment of 26 sqm for 200 euros/month. Rental income per year is estimated 14.400 Euro, and the yield of investments in long-term operation is 5.76% per annum. There is a choice of apartments and houses in various budget, including commercial facilities.