Projects / Sykies Studios
Sykies Studios
Rendering of the loft: a living room with a white sofa, a white kitchen, a dining table and wooden stairs to the gallery
A ground-floor shop in a residential building in Sykies, Thessaloniki, being converted to residential use and split into a studio and a two-level loft. €250,000 for both, including purchase costs, furniture and appliances, on the Golden Visa route. Handover in April 2027.
In Sykies, in the upper part of Thessaloniki, a shop on the ground floor of a residential building is being converted to residential use and split into two homes: a studio and a two-level loft. Both are renovated from scratch, handed over furnished and equipped, and sold together for €250,000 on the Golden Visa route.
Rendering of the studio. The final design may change.
What the pair includes
Two homes with a combined area of 83 sqm, each with its own entrance from the street, a bathroom, a kitchen and a washing machine. The studio (E1) is a single 33 sqm space. The loft (E2) has 50 sqm over two levels: a living room and kitchen below, and a bedroom with a second bathroom in the gallery. Both come with full furniture and appliances, air conditioning and electric shutters.
| Item | Detail |
|---|---|
| Price | €250,000 for both, including purchase costs, furniture and appliances |
| Studio (E1) | 33 sqm, ground floor |
| Loft (E2) | 50 sqm over two levels, ground floor and gallery |
| Bathrooms | 2, one in each home |
| Furniture | Full furniture and appliances |
| Parking | No dedicated parking |
| Handover | April 2027, with €750 compensation for each month of delay |
| Payments | €50,000 at the preliminary contract, €50,000 when the flooring is done, €150,000 at handover |
The €250,000 price already covers the costs that usually come on top of the property price: purchase tax, notary, land registry, a lawyer for the property and the residence permit, health insurance, power of attorney, translations, opening a bank account, and furniture and appliances for both homes. Price and availability are as of October 2026 and may change, so check with us before you plan.
Where it is
Sykies is an established Greek residential neighbourhood in the upper part of Thessaloniki, home to families, young people and older residents. Its height gives many homes a view over the city and the Thermaic Gulf. The building is on a quiet street, with a supermarket right across the road, Agia Paraskevi church 12 minutes' walk away and the city centre about 10 minutes' drive. New, well-designed flats are scarce here, so demand for long-term rentals is high.
- walk to the supermarket
- 2min
- drive to central Thessaloniki
- 10min
- drive to the ring road
- 5min
The renovation and the timeline
The renovation replaces all the infrastructure: electrics, plumbing, waterproofing and insulation, with a two-year warranty from handover. Handover is planned for April 2027, and the contract includes €750 compensation for each month of delay. Payment is split into three stages that follow the work: €50,000 at the preliminary contract, €50,000 when the flooring is done and €150,000 at handover.
The project is supported by lawyer Alkinoos Konis of Nexus Law Firm and architect Fotini Zgamba, who also worked on La Kalamaria, together with a local engineer and contractor.
Ground floor plan of both homes.
Gallery plan of the loft.
Golden Visa and residency
The property was a shop, and its conversion from commercial to residential use is what places it in the €250,000 Golden Visa tier, which was kept for properties converted from commercial to residential use after 5 April 2024. Both homes are sold together as one purchase, and we can support you through the whole residency process. A Golden Visa property cannot be let short-term, but long-term letting is allowed. The programme's terms change from time to time, so check that it fits your case before you buy. The details are in KLÉA's Golden Visa guide.
Frequently asked questions
How much do the homes at Sykies Studios cost?
€250,000 for the studio and the loft together. The price includes the purchase costs, furniture and appliances, and the homes are intended for the Golden Visa route.
When is handover?
Handover is planned for April 2027, and the contract includes €750 compensation for each month of delay. The homes are handed over renovated, furnished and ready for a long-term let.
How is payment made?
In three stages: €50,000 at the preliminary contract, €50,000 when the flooring is done and €150,000 at handover.
Can the homes be let?
Yes, long-term. Short-term letting such as Airbnb is not allowed for a property bought on the Golden Visa route.
Is there parking?
There is no dedicated parking. The neighbourhood has public transport, and Thessaloniki's ring road is about five minutes' drive away.
Want to hear more about Sykies Studios?
We will be happy to send you the plans and renderings, go through the timeline with you and answer your questions about the Golden Visa.
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