STE724
There are four studios located in the center of Nea Michaniona. On a 340-square-meter lot, there are two small single-family homes, each containing two studios. The studios were fully renovated in 2023 and are furnished and equipped with all household appliances as well as all electrical appliances. Each studio is 35 square meters. It includes 1 bedroom, 1 kitchen-living room, and 1 bathroom. From October through June, they are rented to students at the Higher Naval Academy for Captains in Nea Michaniona for 400 euros per month per studio. In July, August, and September, they are rented out through Airbnb and Booking for tourist use. Annual revenue is estimated at 38,000 euros. An investment opportunity—a unique chance.
Nea Michaniona, renowned for having the largest medium-scale fishing fleet in Greece (the construction of the fish market in 1998 established it as the administrative and commercial hub for fish and shellfish throughout Northern Greece) as well as for the Merchant Marine Academy (since 1968), which trains highly qualified officers for the Greek shipping industry and beyond. Despite its growth as a tourist destination, it has largely retained the characteristics of a traditional village. So when the sun goes down, the central square fills with people taking a stroll, enjoying the famous traditional “loukouma” Mihanias at one of the cafés located above the fish market and the picturesque little harbor, or savoring the freshest fish while gazing out at the endless blue sea. The airport is 18 km away, and the city of Thessaloniki is 27 km away.
