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NorthStar Residence
Avla Real Estate · Exclusive Selection · Property code A0207

NorthStar Residence

New residences with A+ energy class in Evosmos, Thessaloniki, ready for immediate move-in. Spacious apartments equipped with smart systems.
A0207
Property code
10
Available units
€305,936 – €410,480
Price range
Ready
Delivery
None
Rental guarantee
Investment (non-GV) · New build
Class
A+
Energy class
NorthStar Residence
Highlights

Why this property?

  • Within walking distance of pharmacies, schools and supermarkets
  • A+ energy class and photovoltaic panels
  • Heating-cooling with heat pumps and smart home systems
  • 5 minutes to the ring road
  • New apartments ready for delivery
Images

Building and apartments

Images are from the developer’s promotional materials; some may be computer-generated representative visuals.

Project facts

Project facts

NorthStar Residence is a new A+ energy class residential project in Evosmos, in the west of Thessaloniki. 10 apartments ranging from 90–129 m²; equipped with smart home systems, photovoltaic panels and heat pumps. Ready for delivery; prices from €305,936 to €410,480.

NorthStar Residence — Evosmos, Thessaloniki. NorthStar Residence is a contemporary new residential project rising in Evosmos, one of the most established districts in the west of Thessaloniki. The building has an A+ energy class and offers modern architecture, distinguished by its large glass balconies and green facade. 10 apartments are offered, located between the 1 and 6 floors, ranging from 90–129 m² and in 1-bed and 3-bed floor plan types; the project is ready for delivery (completed in 2026).

Location. Daily life in Evosmos is within walking distance: pharmacies are 150 m away, primary and secondary schools are 270–310 m away, supermarkets are approximately 390 m away, the nearest bus stop is 450 m away, and the Evosmos Health Center is 460 m away. By car, the Thessaloniki Ring Road and the "Makedonia" intercity bus terminal are approximately 1.2 km away, and the One Salonica shopping center is 2.6 km (approximately 10 minutes) away. The district combines a true neighborhood feel with quick access to the whole of Thessaloniki.

Project Features. The building is designed according to A+ energy standards: each apartment features independent heating-cooling with heat pumps, photovoltaic panels with a net metering system, solar water heaters, and energy-efficient aluminum joinery with double glazing providing high thermal and acoustic insulation. Interiors include smart home infrastructure, steel security doors, LED lighting, alarm pre-installation, and modern kitchen-bathroom design; there are large glass openings that maximize light and views. Parking spaces are available on the pilotis floor.

Availability
10 apartments available · 10 residences in total
Distribution of available units: 1 units of 1-bed · 4 units of 2-bed · 5 units of 3-bed
Price
€305,936 – €410,480
Area
90 – 129 m² net
Delivery
Ready
Rental guarantee
None
Building
New build
Energy class
A+
Parking
Yes
Service fee
2% + VAT — applied upon completion of purchase
Golden Visa
Investment (non-GV)
Features
Pharmacy 150 m (1 min walk) · Primary and secondary school 270–310 m · ATM 360 m · Supermarket 390 m · Bus stop 450 m · Evosmos Health Center 460 m · Thessaloniki Ring Road 1.2 km (5 min by car) · Makedonia intercity bus terminal 1.2 km

Listing page

Location

Evosmos · Thessaloniki

Location is shown with a circle at the district level; the exact address is shared upon signing the Digital Viewing Protocol.

Schools
public primary school 250 m
Shopping
Porto Center Mall 2.6 km · market 350 m
Transport
Metro Menemeni 1.1 km
Airport
Thessaloniki Airport ~30 min (by car)

Distances are as the crow flies from the district centre (OpenStreetMap); airport travel time is by car in non-peak traffic. Information is confirmed in writing prior to an offer.

Price list · NorthStar Residence · A0207

Prices and available apartments

Status: 10 available — last confirmed 6 September 2026. Reserved and sold apartments remain on the list; they are faded and labeled.
ApartmentFloorTypeNet m²Outdoor areaGross m²Price€ / m² net€ / m² grossBathroomsPlan
(1/2) A2 Our pick Balcony 37.02 m²1–22-bed99.00Balcony 37.02 m²99.00€305,936€3,090€3,0902
(1/2) A4 Our pick Balcony 24.55 m²1–23-bed119.00Balcony 24.55 m²119.00€337,808€2,839€2,8392
(1/2) A5 Balcony 29.18 m²1–23-bed116.00Balcony 29.18 m²116.00€358,640€3,092€3,0922
(3/4) C1 Balcony 26.68 m²3–43-bed113.00Balcony 26.68 m²113.00€344,432€3,048€3,0483
(3/4) C2 Balcony 34.5 m²3–42-bed97.00Balcony 34.5 m²97.00€322,928€3,329€3,3293
(3/4) C4 Balcony 30.5 m²3–43-bed121.00Balcony 30.5 m²121.00€381,872€3,156€3,1563
(3/4) C5 Balcony 50.1 m²3–43-bed129.00Balcony 50.1 m²129.00€410,480€3,182€3,1823
(5/6) E1 Balcony 50.25 m²5–61-bed90.00Balcony 50.25 m²90.00€307,952€3,422€3,4222
(5/6) E2 Balcony 51.51 m²5–62-bed95.00Balcony 51.51 m²95.00€333,200€3,507€3,5072
(5/6) E3 Our pick Balcony 52.14 m²5–62-bed102.00Balcony 52.14 m²102.00€358,448€3,514€3,5142
Source: developer’s price list, 2026-09-04. Gross area = net internal area + balcony/garden; there is a ±3% tolerance in areas. Availability is confirmed in writing at the offer stage.
Area report · Evosmos – Kordelio · Thessaloniki+
Evosmos square · West Thessaloniki
Photo: Knop92 · CC BY-SA 3,0 · Wikimedia Commons

Avla Real Estate Area Report · Evosmos – Kordelio · West Thessaloniki · 24 October 2026. This is a district-level assessment; it does not include a review of any specific apartment.

Location

Evosmos is a dense residential district in the northwest of the Thessaloniki urban area, which, together with Kordelio, forms the Kordelio–Evosmos Municipality. Evosmos is approximately 4.8 km from Aristotelous Square as the crow flies and 3.2 km from the main train station. The municipality’s population grew from 101,753 in 2011 to 105,352 in the 2021 census; the Evosmos municipal unit accounts for three-quarters of this with 79,221 people, with nearly 8 thousand people living per square kilometer in an area of approximately 9.9 km². According to the municipality’s own history, the district grew in the 1920s with the settlement of refugees from Anatolia, expanded after the 1950s due to internal migration, and further grew in the 1980–90s with the return of political refugees and migration from former Soviet countries; today, it is one of the most populous suburban municipalities in Thessaloniki.

The district is the residential reservoir of the city’s west side: a settlement with prices below the center, close to the city center, the port, and the western industrial belt. The main line of the Thessaloniki Metro opened in November 2024, 30, and the Kalamaria extension in August 2026; the Hellenic Metro plans include the Evosmos–Kordelio extension to the west, which is currently in the conceptual design phase with no opening date. Regarding prices, Evosmos is one of the fastest-rising districts in Thessaloniki in recent years: according to Indomio, the average sales listing price has increased by 75% in five years, yet at €1,971/m², it remains significantly below the Thessaloniki municipality average (€2,696/m²).

Schools

English-language schools and their straight-line distances from the district center:

  • Anatolia College — Greek high school programme + English IB Diploma (Grade 11 – 12) · Pylaia · ≈10,970 m
  • Pinewood American International School — American curriculum + IB PYP and MYP; IB Diploma in partnership with Anatolia · English · Pre-K – Grade 12 · Thermi · ≈17,790 m

The distance is measured from the center of Evosmos to the school campus as the crow flies (OpenStreetMap); the road distance is longer. Thessaloniki’s international schools are concentrated on the east side; we have not identified any schools providing full English education in the western districts. For foreign families with school-age children, this is a decisive limitation. Enrollment conditions must be confirmed with the school.

Transport

There is no metro, tram, or suburban train station in Evosmos today; public transport relies on the Thessaloniki bus network, and there are direct lines connecting the district to the main train station and the city center. Of the proposed stations for the western metro extension, Menemeni is approximately 1.2 km away and Ampelokipi is 1.9 km away; these are in the planning phase. On the road side, the Inner Ring Road passes right next to the district; it takes approximately 10 minutes to reach the center without traffic, a time that increases significantly during peak hours.

Distances
Proposed metro stop (Menemeni, western extension)
~1.2 km · in planning phase
Thessaloniki main train station
~3.2 km
Papageorgiou General Hospital
~4.0 km
AHEPA University Hospital
~6.0 km
Aristotelous Square
Straight-line ~4.8 km · ~6 km by car, approximately 10 minutes without traffic
Thessaloniki Airport (SKG)
~22 km by car, approximately 29 minutes without traffic

Distances are as the crow flies from the district center (OpenStreetMap); vehicle times are based on routes without traffic (OSRM).

Tenant profile

Demand is local and year-round; the rental market in Thessaloniki is based on the city’s own economy, not tourism. In 2026, new short-term rental registrations were frozen only in the 1st community of the Thessaloniki municipality; Evosmos is not included in this scope. Daily rentals in properties purchased via Golden Visa are already prohibited.

  • Local families — the district’s own schools, market, and services; very long-term, low turnover, 2-bed and 3-bed demand.
  • Port, logistics, and western industrial belt employees — those looking for housing close to work with rents below the center; medium-to-long term.
  • Young households working in the center — tenants who cannot afford rents in the center and accept a 20 – 30 minute commute by bus.
Market indicators
Average sales listing · Evosmos
€1,971/m² (+10.36% annual) · September 2026 · Indomio
Average rental listing · Evosmos
€7.25/m²/month (+4.47% annual) · September 2026 · Indomio
Five-year trend · Evosmos
Sales +74.9% · rental +82.6% · Indomio
Thessaloniki municipality
Sales €2,696/m² (+3.53%) · rental €9.91/m²/month (+6.56%) · September 2026 · Indomio
Thessaloniki apartment prices
+4.7% annual · 2 quarter 2026 · Bank of Greece

Figures are listing (asking) prices; actual transaction prices are generally slightly lower. We do not provide unverified rent or yield figures for a specific apartment; the text of the lease agreement and rental guarantee is obtained in writing at the offer stage.

Risks

  • Golden Visa restriction: Short-term (daily) rentals are prohibited for properties acquired via Golden Visa; thresholds and eligibility are confirmed in writing on an apartment-by-apartment basis by an independent Greek lawyer — no statement on this page constitutes such confirmation.
  • No rail transport: the metro extension is in the planning phase and has no date; pricing should be based on current bus and vehicle access.
  • Density: ~8 thousand people per square kilometre; parking, green space, and street width are limited, and traffic is heavy on main streets.
  • Prices have outpaced rents: sales listings have increased by 10.4% and rental listings by 4.5% over the last year; the gross yield calculated from listing averages has fallen to ~4.4%.
  • Schools and international tenant pool: international schools are on the other side of the city; demand from international family tenants is limited.
  • Tax calendar: a plan has been announced to increase the property transfer tax for non-EU/EEA buyers from 3% to 15% starting from 1 July 2027; it has not yet been enacted and will be confirmed prior to purchase.

Avla’s view on the district: Neutral–positive — price and access-focused. Evosmos is 5 km from the centre of Thessaloniki, offering a crowded and established tenant base at approximately three-quarters of the municipal average price. If the metro extension to the west takes place, the district will benefit directly; however, there is no timeline, and the rapid increase over the last five years has already priced in some of this expectation. The purchase decision should be made based on current transport and rent.

Sources: Indomio · ELSTAT 2021 census (via Wikipedia) · Kordelio–Evosmos Municipality (population, history) · Hellenic Metro (extension plans) · Thessaloniki Metro (Wikipedia; European Commission newsroom, Kalamaria extension) · Bank of Greece · OpenStreetMap and OSRM (distance and time measurement) · official school websites.

Our pick

Apartments we recommend for you

10 of the apartments are 10 available. From these, we highlight three apartments in terms of price, m² efficiency, and outdoor area.

Best entry point
Apartment (1/2) A2
1–2. floors · 2-bed
€305,936
€3,090 / m² gross · €3,090 / m² net
Net99.00 m²
Outdoor areaBalcony 37.02 m²
Gross99.00 m²

Lowest price among available apartments.

Best gross m² price
Apartment (1/2) A4
1–2. floors · 3-bed
€337,808
€2,839 / m² gross · €2,839 / m² net
Net119.00 m²
Outdoor areaBalcony 24.55 m²
Gross119.00 m²

The lowest price in the project per gross m² is (€2,839).

Large outdoor area · top floor
Apartment (5/6) E3
5–6. floors · 2-bed
€358,448
€3,514 / m² gross · €3,514 / m² net
Net102.00 m²
Outdoor areaBalcony 52.14 m²
Gross102.00 m²

The largest outdoor area among available apartments (52.14 m²); on the top floor.

↑ Full price list
Framework first

Why does the investment threshold differ for everyone?

Because there is no single figure. Legislation defines three tiers, and the location and legal status of a property determine which tier it falls into.

€800,000
Upper tier
Applies to areas under high demand. Requires a single property and at least 120 m².
€400,000
Other areas
The same conditions of a single property and at least 120 m² apply.
€250,000
Not location-dependent
Only in two cases: (a) change of use for a non-residential building, (b) restored listed building.

Practical implications for your file: The threshold for standard new builds in Attica is €800,000. Which threshold the properties in this file fall under is determined by the location and legal status of the property; this is confirmed in writing via an independent Greek lawyer’s review on a property-by-property basis. We have not stated in any section that “this apartment qualifies for GV”; we obtain confirmation via documentation.

Digital Viewing ProtocolThe exact address and apartment-specific location are shared upon signing the protocol+
Introduction record

Digital Viewing Protocol

This protocol is the PROPERTY VIEWING AND ADVISORY AGREEMENT.

Dear investor; this page is the digital viewing of the property on this page, made for you by Avla Real Estate Gayrimenkul A.Ş. Presenting a property to you on this page carries the same weight as showing it on site.

When you sign the protocol, the exact addresses and street details of all the properties presented to you are sent to you. You can then examine each property's street, address and surroundings in full detail on Google Maps.

Contracting Party
Completed in your name at signing
Phone
Added at signing
Email
Added at signing
Client Reference
—
Client Registration No
—
Advisor
M. Sami Akbeniz · Avla · +90 532 282 26 57
Agency (Türkiye)
Avla Real Estate Gayrimenkul A.Ş. · Caferağa Mah. Şifa Sk. No:19, Kadıköy / Istanbul · Kadıköy Tax Office 1061174832
Agency (UAE)
Avla International Properties FZ-LLC · Free Zone Limited Liability Company (FZ-LLC), Ras Al Khaimah Economic Zone (RAKEZ) · Service licence no 47037577 · Media licence no 17010313 · RAKEZ registration no 1911964 · Address: CWEP8995, Compass Building, Al Shohada Road, Al Hamra Industrial Zone-FZ, Ras Al Khaimah, United Arab Emirates · Manager: Mehmet Sami Akbeniz · Licence valid 24.09.2026 – 23.09.2027
Offices
Istanbul · Athens · Dubai · London
Date of Introduction
The date this page was sent to you

Get the address details

WhatsApp
Security and Golden Visa 2026Your funds are held in a dual-signature account — how your money is protected step-by-step, 2026 rules+
Financial protection shield

Your money does not go to the seller, but to a dual-signature account.

The purchase price is not deposited into an account that the seller can use freely. It enters a separate bank account from which not a single cent can be withdrawn without two signatures: one from the seller and the other from the lawyer Avla has appointed for you. The money is transferred to the seller in installments only as the following steps are documented.

Exclusively for Avla clientsThis dual-signature escrow account is not a standard practice offered by the developer to everyone. It is opened only for clients purchasing through Avla, and Avla appoints the co-signing lawyer. Currently, only one of our developers offers this account; we will confirm in writing during our meeting whether it is applicable to your chosen project.
You
Deposit the purchase price into a single account
the full amount
Dual-signature escrow account
Opened in the seller’s name; no funds can be withdrawn without two signatures
✍ Seller’s representative✍ Lawyer appointed by AvlaBuyer’s representative
as documented, in installments
Seller
Only to their own account, only upon documented completion of stages
  1. 1ReservationPrice in the signed reservation agreement
  2. 2Final contractThe portion excluding construction costs — upon signature at the notary and written confirmation from your lawyer
  3. 3Foundation and frameFirst construction installment — with the signed letter of the supervising engineer
  4. 4Walls and plasteringUpon completion of your apartment — again with the engineer’s letter
  5. 5DeliveryOnce the apartment and common areas are finished and utility applications are submitted — remaining installment

Lawyer cannot be replaced

The co-signing lawyer cannot be removed without your consent; funds in the account are free from seizure and liens.

Funds are released only to the seller’s account

No payments can be made to any other person or account; the flow can only be altered by a court order.

What you need to know clearly

Funds deposited into the account are used solely for the price and construction of this apartment and cannot be withdrawn. The contract is subject to Greek law; source of funds (AML) documents are required.

Source: developer’s “Private Agreement on Release of Funds” template. Installment ratios and timelines are written into the contract for each purchase; this section is a summary and does not replace the contract text.

What you need to know

2026 table for Golden Visa

We will disclose the figures with documentation during our meeting; however, to set your expectations correctly from the start, the framework is as follows:

800,000 €
Standard investment threshold applicable throughout the Attica region.
250,000 €
Special route applicable only to properties converted into residential units through a change of use, with the conversion completed.
5 years
Residence permit duration; renewable as long as the property is held.
Prohibited
Short-term (Airbnb-style) rentals are not permitted for properties subject to the Golden Visa.
Important: If the price shown on the title deed falls below €250,000, the right of residence becomes invalid. This threshold must be maintained during discount negotiations. If the property is sold, the residence permit is cancelled. The threshold applicable to each project is documented separately.
Announcement · September 2026

Property transfer tax 15%

From 1 July 2027

For residential property purchases by non-EU/EEA natural persons, the property transfer tax is being increased from 3.09% to 15.45%. Corporate purchases, EU/EEA citizens, long-term residence permit holders, and individuals of Greek descent are excluded. The Prime Minister announced this on 6 September, and the Ministry of Finance provided details on 8 September — there is no draft law submitted to Parliament yet.

Industry report — transfer tax and €250,000
Under consultation · June 2026

Portfolio Golden Visa

With long-term rental condition

The 2026–2035 National Housing Strategy proposes a separate Golden Visa category where multiple apartments are purchased as a single portfolio and all are rented out long-term. The threshold, rental duration, and conditions have not yet been drafted; market sentiment suggests it will be an option for the €400,000 / €800,000 tiers where the single-property rule applies — this is a proposal, not law.

Portfolio Golden Visa model
Open topic

€250,000 route

Conversion category

The €€250,000 tier is currently in effect and applies only to properties converted into residential units through a change of use. The sector is requesting an exemption from the new title deed tax for this category — the rationale being that these investments do not withdraw housing from the market, but rather create new stock. No decision has been made yet.

How the €250,000 route works
Registration

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Circles indicate neighborhoods, not specific buildings. We do not publish the exact addresses of properties; we provide the location via neighborhood circles. The apartment-based list and exact location are revealed during our meeting along with your file.

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