Residential real estate platform Protio expands in Thessaloniki
Residential real estate platform Protio expands in Thessaloniki
  Prop Tech  |  Economy  |  Residential  |  Thessaloniki

Residential real estate platform Protio expands in Thessaloniki

The platform in Thessaloniki has already been activated and over 100 apartments have already been analyzed through the technological platform.
RE+D magazine
06.04.2023

The real estate platform Protio is expanding its activity in Thessaloniki after a successful six months in Athens.

Protio is the first residential investment platform in Greece, through which owners of old apartments can be informed with one click about the price of their property and without hassle offer it for sale to a private investor. Through the platform, private investors can choose the investment apartment of their choice and receive income in the easiest and safest way.

Operating in Thessaloniki is a strategic choice, as it is the second largest real estate market in the country. At the same time, the region presents common dynamic elements with the region of Attica. Protio aspires to contribute to issues such as the housing and environmental crisis created by vacant and old properties. It is worth noting that one in three apartments in Thessaloniki are uninhabited, while more than 86% of the buildings are not energy sustainable due to their age.

The platform in Thessaloniki has already been activated and over 100 apartments have already been analyzed through the technological platform. Starting from the city of Thessaloniki, Protio intends to gradually expand to more areas. The goal is for owners and private investors to discover the safest and most innovative way to sell or invest in apartments.

Through the new strategic expansion Protio remains true to its commitment to rebuild our cities, one apartment at a time, with the help and support of local communities. The platform is gradually revolutionizing the real estate industry, making selling apartments a safe and instant process and investing in apartments accessible to everyone.

Recognizing the huge problem of the housing crisis and the CO2 footprint produced by old apartment buildings in Thessaloniki as well, Protio is now coming to rebuild the city with the help of the local community. The Protio team was in Thessaloniki in order to develop the platform's partnerships with experienced industry professionals. Among others, new partnerships will be developed with lawyers, engineers, notaries, architects, contractors as well as brokers.

As Antonis Fiorakis, CEO of Protio commented, "Protio's next step in Thessaloniki is an important milestone for us. Our vision is to solve the huge problem of the housing and environmental crisis that affects millions of people in Greece and Europe and we achieve this in cooperation with owners, investors and tenants in every city we open. We are excited to offer innovative services to the residents of Thessaloniki and gradually to other regions of Greece".

"By expanding the services of our platform to yet another strategic location, we are confident that we can continue to change the landscape of the real estate industry and provide new opportunities for private investors in Greece," adds Katerina Christopoulou, Investment Manager of Protio with origin from Thessaloniki.