Hotel in Thessaloniki, Greece, 175 sq.m

FOR SALE share of 12.5% ​​of the 7-storey building 1400sqm. in the center of Thessaloniki.

The building is in excellent condition and has been rented as a 4-star hotel to the same reliable tenant since 1999.

(HOTEL PLAZA -

The percentage of 12.5% ​​corresponds to 175sqm. And in rent 1020 euros and 5% increase every 2 years

Due to parental benefit the main ownership (Mine) will be united with the usufruct with the death of the usufructuary (75 years old).

It is a long-term investment with a guaranteed income, and the sale price is 3 times lower than the real value.

The building is free of financial burdens, notes, loans, and debts in general.