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five  - Ptolemeon 14

About the Area

Located right next to Thessaloniki’s main thoroughfare, Egnatia Street, this prime location is just a five-minute walk from Aristotelous Square, private colleges, the city’s largest hotels, a metro station, the port, and Thessaloniki’s vibrant nightlife and entertainment hub.

This is not just a “good” area or a “nice” neighborhood — it is the premium city center.
It’s within walking distance of Thessaloniki’s leading universities, positioned exactly between the technological and academic institutions.

Once an industrial zone, now undergoing an impressive transformation as the municipality encourages rezoning for residential, leisure, and tourism purposes.

One of the main factors driving the area’s attractiveness is its proximity to the metro station and its position right on Egnatia Street — the central transportation artery crossing the city center. This is a highly touristic area, surrounded by the city’s largest hotels.

About the Project

Thinking about buying real estate abroad? Shoval Entrepreneurship invites you to join an exclusive project featuring studio and one-bedroom apartments, perfectly tailored to the needs of the target audience in Thessaloniki’s most desirable central location — just steps away from the main entertainment districts and prestigious educational institutions.

The apartments are designed for students, investors, and professionals (singles and young couples).
Every apartment comes fully furnished and equipped, delivered turnkey to the buyer.
Each unit already has a signed rental contract, ensuring immediate income for investors.

If you are looking for high-yield investment apartments abroad, this is a promising opportunity to become part of the select group of property owners in Thessaloniki.

When buying real estate overseas, it is crucial to study the area, understand the investment target audience, and evaluate the quality of the neighborhood. The most recommended investments are in popular tourist areas or in neighborhoods that attract large populations with strong demand for rental housing.

Why Invest in Greece?

  • Member of the Eurozone

  • Growing economy after recovery from a financial crisis

  • Low taxes and capital gains tax exemptions

  • 33 million tourists annually (2018 figures) — independent of local economic fluctuations

  • High levels of foreign investment

  • Real estate prices still significantly lower than pre-crisis levels

  • Large migration from rural areas to major cities

Why Thessaloniki?

  • Lively nightlife — a young, vibrant city full of cafes, clubs, and entertainment venues

  • Known as the student capital of the Balkans, with over five universities, private colleges, and branches of international institutions

  • Attracts students from across the Balkans, Cyprus, and Greece — more than 130,000 students annually

  • Major foreign investments: metro development, airport expansion (expected to serve over 9 million passengers per year)

  • Redevelopment of Greece’s second-largest port, a new electric railway line to Athens, and upgraded road networks

  • Recognized as one of Greece’s cultural capitals — attracting over 1.3 million tourists annually, half from abroad

  • Tourism is year-round — not dependent on seasons

  • Real estate prices are on a steady upward trend

  • The city is geographically limited — surrounded by mountains, with no room to expand outward

  • Entry of global corporations into the local job market, including Cisco, Pfizer, Regus, and Deloitte


 

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