Located in the residential area of Stavroupoli, directly across from the Pavlou Mela Metropolitan Park and just 3 km from Thessaloniki’s city center, this 6,852 sqm building previously operated as a tobacco warehouse for “International Tobacco – Tobacco Trade LTD.” The property was acquired through LEBET Real Estate Development SA, a Special Purpose Vehicle (SPV).

Project Vision

The building will be completely transformed into 75 modern, fully refurbished and furnished serviced apartments, as part of our Project 151 serviced apartments chain, which caters to students and young professionals seeking convenient, flexible, and stylish accommodation.

Key Features & Amenities

• Modern Apartments: Fully furnished, offering both comfort and functionality.
• On-site Facilities: Includes parking, a fitness room, an indoor swimming pool, meeting rooms, laundry services, and storage spaces for tenants.
• Target Market: Ideal for students and young professionals due to its proximity to Thessaloniki’s city center and accessible public transportation.

Location Benefits

• Proximity to Nature: Located near Pavlou Mela Metropolitan Park, offering green spaces and recreational opportunities.
• Urban Access: Just 3 km from the city center, providing easy access to Thessaloniki’s universities, offices, and cultural landmarks.
• Growing Demand: Stavroupoli’s residential appeal and the growing need for modern serviced apartments make this project a prime investment.

Conclusion

This redevelopment will bring new life to a historic tobacco warehouse, creating a dynamic living environment for students and young professionals. With its modern amenities and ideal location, it will become part of our Project 151 serviced apartments chain, contributing to the urban renewal of Stavroupoli and addressing the need for quality accommodation in Thessaloniki.