Project showcase - finished renovations

Penthouse Transformation in Rostan – Renovation by Northern Greece Development. 

Northern Greece Development is proud to present the full renovation and transformation of a penthouse apartment in the sought-after Rostan neighborhood of Thessaloniki. This exclusive project involved splitting a large top-floor unit into two fully independent, high-end residences, maximizing both functionality and investment potential.

Each unit was meticulously redesigned using premium materials, modern finishes, and concealed ambient lighting throughout, creating a clean, elegant atmosphere ideal for the short-term rental market. Both apartments come fully furnished and turnkey-ready for Airbnb, equipped with all the amenities needed to offer a top-tier guest experience.

Why We Chose Rostan for Our Investor

Rostan offers the perfect blend of local charm, accessibility, and rising demand. Located close to the city center yet retaining a quiet, residential feel, it provides both comfort and connectivity. With convenient access to universities, hospitals, and key transit routes—including the upcoming metro expansion—Rostan continues to draw interest from both locals and tourists alike.

 

A Smart Investment Opportunity

This project was chosen not only for its architectural potential but also for the exceptional ROI it can deliver. By converting one large property into two stylish apartments, we doubled the rental potential and created a highly desirable offering in a neighborhood on the rise. With growing tourist numbers, increased demand for short-term rentals, and ongoing development in the area, Rostan stands out as a high-growth zone in Thessaloniki’s real estate landscape.

From property sourcing and price negotiation to managing the legal process with trusted local lawyers, notaries, and engineers, Northern Greece Development oversaw every aspect of this project. We continue to work closely with our construction team, providing daily supervision to ensure quality and timeline expectations are met.

This renovation is a testament to our commitment to quality, transparency, and investor success.

SKOPELOS TOWN HOUSE FULL RENOVATION PROJECT BEFORE AND AFTER: 

Northern Greece Development successfully managed the full renovation of a three-story townhouse located in the port of Skopelos, offering panoramic views of the surrounding mountains and harbor. The property had been abandoned for nearly two decades and was in a state of severe disrepair. Our team undertook a comprehensive project that included complete interior reconstruction: we stripped the building to its core, installed new insulation, flooring, windows, and doors, and restored the exterior, including the balcony and top-floor roof. The result was a fully modernized residence, blending traditional island charm with contemporary comfort. The property was completed in late summer 2022.

Property details:

Fully renovated two story 150 square metre townhouse situated in Skopelos town.  The house includes three spacious double bedrooms two of which have their own private entrances to the outside areas. This property has a very large living space and offers a spacious and light feel throughout. Additionally, this property includes a huge 30 square-metre terrace with an outside kitchen area looking over the best views in Skopelos town of the sea, Skopelos port, the surrounding mountains and the island of Alonnisos. This property also includes a second balcony on the first floor, an outside yard area and a basement.

Skopelos – A Promising Investment Opportunity

Skopelos offers a unique investment opportunity for buyers seeking high potential in the Greek island property market. With its growing popularity, especially following its appearance in international films, the island has seen a steady rise in tourism. The combination of authentic charm, natural beauty, and limited supply of renovated properties makes Skopelos an ideal location for both short-term rentals and long-term value appreciation. Investors can benefit from strong seasonal demand, relatively low entry costs compared to other islands, and an increasing interest from both domestic and international buyers.

 

 

SKOPELOS TOWN HOUSE 2 FULL RENOVATION PROJECT BEFORE AND AFTER: 

We discovered this charming three-story townhouse in Skopelos town, beautifully positioned with views of the surrounding mountains and the port. The property had been uninhabited for about 20 years and was in poor condition when we found it.

Northern Greece Development managed the entire renovation process, addressing every aspect from start to finish. We completely stripped the building and rebuilt the interior, adding new insulation, flooring, windows, and doors to create a fresh, modern living space. We also restored the outside balcony and the top floor, ensuring the house was not only beautiful but structurally sound and energy-efficient.

The renovation was completed at the end of the summer in 2022. This townhouse found a proud new owner in the winter of 2023, ready to enjoy all that this unique property and its idyllic location have to offer.