Projects / Archontiko Thessaloniki
Archontiko Thessaloniki
The listed building's facade at sunset, with the new floors above
Luxury apartments in a listed building in the heart of Thessaloniki, five minutes' walk from Ladadika, with a lobby, restaurant, spa and pool in the building. As a listed property, it falls under the €250,000 Golden Visa route.
In Greek, archontiko is a mansion, and the name suits the building: a listed neoclassical structure on the corner of Katholikon and Vilara streets, in the heart of Thessaloniki's old town. The historic facade is being preserved and restored, and new floors are rising above it, with apartments and balconies looking out over the city.
Rendering of the lobby entrance.
City living, with hotel services
The building is designed as a blend of residence and hospitality. On the ground floor are a lobby with reception, a restaurant and a spa, and in the basement a pool and gym. You can live in the apartment, use it as a second home in the city, or let it, with the building itself offering what guests look for.
The apartments vary: studios, one-bedroom apartments and duplexes on floors 2-3 with the tall arched windows of the historic facade. On the upper floors most apartments have a balcony, some of them large terraces of 20 to 47 sqm.
Within walking distance of what matters in Thessaloniki
The building is in the Frangomachalas quarter, next to Ladadika with its restaurants and bars, and within walking distance of Aristotelous Square and the seafront. It is a location that works for living and for letting alike, because most of what visitors want to see is on foot.
- walk to Ladadika
- 5min
- walk to Aristotelous Square
- 10min
- walk to the White Tower
- 25min
- drive to the airport
- 25min
Available apartments
Of the roughly 40 apartments in the building, 15 have already sold and 7 more are reserved. 18 apartments are available today, from studios to a 138 sqm duplex.
| Apartment | Floor | Net area | Balcony |
|---|---|---|---|
| 1F | 1 | 62 sqm | - |
| 2H+3H | 2-3 (duplex) | 89 sqm | - |
| 2D+3D | 2-3 (duplex) | 119 sqm | 6 sqm |
| 2B+3B | 2-3 (duplex) | 138 sqm | - |
| 4G | 4 | 58 sqm | 5 sqm |
| 4A | 4 | 68 sqm | 6 sqm |
| 5F | 5 | 52 sqm | 7 sqm |
| 5A | 5 | 61 sqm | 7 sqm |
| 6B | 6 | 38 sqm | 23 sqm |
| 6C | 6 | 37 sqm | 23 sqm |
| 6D | 6 | 41 sqm | 47 sqm |
| 6A | 6 | 56 sqm | 14 sqm |
| 7A | 7 | 63 sqm | 12 sqm |
| 7C | 7 | 66 sqm | 26 sqm |
| 8B | 8 | 42 sqm | 45 sqm |
| 8A | 8 | 63 sqm | 38 sqm |
| 9A | 9 | 40 sqm | 18 sqm |
| 9B | 9 | 39 sqm | 26 sqm |
Starting price as of August 2026. Availability and prices may change. A KLÉA advisor will give you the price of each apartment and confirm the current position.
Golden Visa, letting and financing
In most of Thessaloniki the Golden Visa threshold is €800,000, but a special €250,000 route remains for listed properties. The building is listed, so every available apartment falls under that route on price. A Golden Visa purchase normally rules out short-term letting, but this project is an exception: Golden Visa buyers can let their apartment short-term here too. The difference between the two routes is financing. A Golden Visa purchase cannot use financing, while a standard purchase can be financed. Check the exact terms with your lawyer before signing. That way the apartment can serve as a city-break home and earn income the rest of the year.
How much does an apartment earn as a short-term rental?
According to the developer's estimate, short-term letting of an apartment on floors 5 to 9 yields about 7.7% a year on average after management fees, ranging from 5.7% to 9.9% by apartment. This is an estimate, not a commitment.
What is included in the apartment?
Apartments are delivered with built-in fittings: kitchen cabinets, a fridge, an oven and air conditioning. Full furnishing and interior design, including beds, sofas, tables, lighting, textiles and tableware, is available for an additional €350 per net square metre plus half the balcony area. For example, for apartment 6B, with 38 sqm net and a 23 sqm balcony, that comes to about €17,000. The building has no parking.
When is delivery?
The estimated delivery date is the end of 2028. The first step is approval from the Thessaloniki building authority, expected by the end of 2026, followed by construction:
- Building permit
Expected by the end of 2026.
- Excavation and structure
1 to 12 months from the end of 2026 (estimated).
- Finishes and systems
6 to 24 months from the end of 2026 (estimated).
- Delivery
End of 2028 (estimated), with the final contract and purchase tax.
Under the agreement, if the apartment is not delivered within 36 months of signing, the remaining balance is reduced by 4% a year of the amount already paid, until delivery. If the delay runs more than 12 months beyond that, the buyer may cancel the agreement and get back what they actually paid. Delays caused by force majeure, such as strikes, earthquakes or government restrictions, extend the date and carry no compensation. After delivery, the developer gives a 24-month warranty on the quality of the construction.
Ground floor plan: lobby, restaurant and spa.
Frequently asked questions
How much does an apartment at Archontiko Thessaloniki cost?
Available apartments start at €301,000, for a 62 sqm apartment on the first floor. The price is as of August 2026, and a KLÉA advisor will give you the price of any other apartment.
Do the apartments qualify for the Golden Visa?
Yes. The building is listed, so the apartments fall under the special €250,000 route. Unusually, in this project Golden Visa buyers can also let the apartment short-term. A Golden Visa purchase cannot use financing.
Can the apartment be let short-term?
Yes, on a standard purchase and, unusually for this project, on a Golden Visa purchase too. The location, within walking distance of Ladadika, Aristotelous Square and the seafront, suits letting to visitors.
What yield can I expect from short-term letting?
According to the developer's estimate, about 7.7% a year on average after management fees, ranging from 5.7% to 9.9% by apartment. The estimate assumes €240 a night and about 65% occupancy.
When is delivery?
Delivery is estimated for the end of 2028. If the apartment is not delivered within 36 months of signing, the remaining balance is reduced by 4% a year of the amount paid, and after a further 12 months of delay the buyer can cancel and get their money back.
Are the apartments furnished?
They come with built-in fittings: kitchen cabinets, a fridge, an oven and air conditioning. Full furnishing and design is available for €350 per net square metre plus half the balcony area.
Is there parking in the building?
No. The building has no parking.
Is financing available?
Yes, for a standard purchase. A purchase under the Golden Visa cannot use financing.
What does the building offer?
On the ground floor, a lobby with reception, a restaurant and a spa; in the basement, a pool and gym.
Where exactly is the building?
On the corner of Katholikon and Vilara streets in Thessaloniki's historic centre, about 5 minutes' walk from Ladadika, 10 minutes from Aristotelous Square and 25 minutes' drive from the airport.
How many apartments are left?
Of the roughly 40 apartments in the building, 18 are available today. 15 have sold and 7 more are reserved.
Would you like to see the apartments?
We would be glad to walk you through the plans of each available apartment, explain the listed-property route and look together at what fits your situation.
Arrange a private call
