Northern Greece Development - Project Showcase

Welcome to the Project Showcase page of Northern Greece Development. Here, you can explore the successful renovation projects we have completed for our clients in Greece. Take a look at these transformations.

PROJECTS:

Our company have personally project managed all of the developments featured on this page, ensuring that each one is delivered with precision and care. Collaborating with our associates including trusted lawyers, estate agents, engineers, constructors and notary. We manage the scourcing, buying and oversight of all renovation projects. Here, you’ll find a selection of our current projects as well as a few examples of properties that have already been successfully completed. Every aspect of the process from acquisition to renovation has been fully managed and executed to the highest standard.

 

 

Project managed by Northern Greece Development: Eptalofou 55

This standout development in the neighbourhood of Toumba Thessaloniki involves the full renovation of an existing building into a modern student residential complex comprising 11 thoughtfully designed studio units for our client Geffen Global. The project includes 9 contemporary studio apartments and 2 spacious one-bedroom apartments. Each unit is delivered fully finished and move-in ready.

Additionally this building offers an:

  • Elegant, hotel-style lobby

  • Fully equipped private gym

  • Rooftop terrace offering panoramic views of Thessaloniki

Why Toumba Thessaloniki is a great investment opportunity:

Toumba is one of Thessaloniki’s most up-and-coming neighborhoods, offering an ideal blend of urban convenience, high rental demand, and growing development potential. Located in the city’s eastern area, it is well-connected to the center, Aristotle University, and soon, the new metro line—further boosting accessibility and property values.

The area attracts students, professionals, and families, making it a strong choice for rental returns. With its vibrant mix of cafés, shops, and local services, Toumba offers a lively lifestyle without the congestion of the city center.

Compared to central Thessaloniki, property prices in Toumba remain competitive, presenting excellent value for money and long-term capital growth. Backed by ongoing development and infrastructure improvements, Toumba stands out as a smart, future-proof investment location.

Project managed by Northern Greece Development:

Tomba Project – Prousis 48

This project is a prime example of our end-to-end service approach. Our team sourced this exceptional corner building for our client Geffen Global through trusted relationships with local estate agents. We handled negotiations directly and coordinated with our network of experienced professionals, including lawyers, a notary, and a certified engineer, to ensure all legal and technical checks were thoroughly completed.

The property itself is a low-rise corner building comprising just three floors and six exclusive apartments. It is situated on a peaceful side street just off a vibrant main road in the heart of Toumba, Thessaloniki. The area is lively and well-served, with nearby restaurants, cafés, and boutique stores offering an ideal blend of comfort and urban convenience.

About the project:

 

Each apartment has been thoughtfully designed, featuring a private balcony and offering a tranquil living experience in a quiet yet central location.

 

Why Toumba Thessaloniki is a great investment opportunity:

We chose Toumba for its strategic potential. Located in eastern Thessaloniki, it offers excellent access to the city center, Aristotle University, and several major hospitals. The upcoming metro line will further improve connectivity and is expected to drive property values upward. With high rental demand from students, young professionals, and families, Toumba represents a stable and rewarding investment opportunity with strong growth potential.

This project reflects our commitment to sourcing quality properties and delivering full-spectrum development services with integrity, insight, and local expertise.

Project managed by Northern Greece Development: Sokratos 9

At Northern Greece Development, we identified and secured this prime investment opportunity for our client Geffen Global through careful market analysis and local insight. From sourcing the property and negotiating the purchase to conducting all legal and technical due diligence, we have handled the process in full collaboration with our trusted network of local partners, lawyers, estate agents, notaries, and engineers. We continue to oversee every aspect of the renovation with daily site visits, communication and progress updates from the construction team, ensuring our high standards are maintained throughout.

About this project:

Sokratous 9 is a high-end residential project offering fully redesigned luxury apartments within an existing building. Each unit is built to modern standards with quality finishes, tasteful furnishings, and functional layouts—making them ideal for short-term rentals such as Airbnb. The project is fully managed by Northern Greece Development, with end-to-end support for international buyers, including ongoing rental and property management services.

Why we chose Sekratos as a great investment opportunity:

 

  • Strategic Location with High Demand:
    Sokratous 9 is located in one of the most in-demand areas of central Thessaloniki, just a 5-minute walk from the new metro station, close to major universities, and surrounded by restaurants, cafes, and essential amenities.

  • Outstanding Accessibility:
    The building offers excellent transport links, with easy access to Thessaloniki International Airport, the city port, and key business and tourist zones—making it attractive to both short- and long-term tenants.

 

  • Ideal for Airbnb Rentals:
    Thessaloniki is one of Europe’s rising tourism hubs, with over 2.5 million airport arrivals in 2024 alone. The demand for high-quality short-term rentals in central areas continues to grow, making this an attractive income-generating investment.

  • Capital Growth Potential:
    Located in a district undergoing steady urban development, this project offers strong prospects for appreciation in both rental yields and resale value over time.

Starting now, coming soon:

Nea Paralia, Street Miaouli:

Northern Greece Development is proud to announce the launch of our latest renovation project in the sought-after area of New Paralia, Thessaloniki. We have successfully acquired the property and completed all necessary legal and technical due diligence in collaboration with our trusted local partners, including a lawyer, notary, civil engineer, and real estate professionals. This project involves the strategic conversion of a single apartment into two modern one-bedroom units, designed to meet the growing demand for high-quality rental and Airbnb accommodations in the area. The apartments will be delivered fully finished and rental-ready, providing a turnkey solution for our client.

Why we chose the area of New Paralia for our investor:
New Paralia is an exceptional location within Thessaloniki, offering strong potential for property investment. Known for its beautiful waterfront promenade, vibrant atmosphere, and proximity to the city center, the area benefits from excellent transport links and is a favorite destination for both tourists and locals. With ongoing urban development and a growing demand for short- and long-term rentals, New Paralia presents a unique combination of accessibility, quality of life, and promising rental yields. We selected New Paralia specifically for these reasons—its strategic location, growth potential, and solid return prospects make it an ideal choice for our investors seeking both stability and a strong ROI.

Ready to start your renovation project?

Contact us today to discuss your ideas and get a free consultation.