Once-Decadent Ladadika is Now Thessaloniki’s Hotspot (photos)

One of the most vibrant spots of Thessaloniki is Ladadika, just five minutes from Aristotle Square, the heart of Greece’s second-biggest city.

Ladadika’s colorful-yet-historical neoclassical protected buildings radiate the spirit and atmosphere of the old Thessaloniki. The neighborhood is essentially a mix of the past and present, of traditional and contemporary.

The name Ladadika (from the Greek word ‘ladi’ which means ‘oil’ in English) comes from the many shops which sold oil and oil byproducts in the past.

In fact, the whole area served as a market before and during the Ottoman era. It used to host many stores and merchants with a plethora of products.

Being close to the port, it later became a notorious magnet for the many brothels and dance halls which catered to visiting sailors and soldiers.

By the mid-1970s the area had almost been abandoned; in 1985 the Ministry of Culture declared it as a protected district, paving the way for its revivial.

In the ’90s, hundreds of buildings from the interwar period were restored and declared protected historic landmarks.

There are now dozens of ouzeri, restaurants and specialized eateries focusing not only on Mediterranean and Greek food, but also Italian, Spanish and even Argentinian, Chinese and American.

Next to the restaurant strip, you will find an equally impressive range of bars and clubs with both Greek and international music. Especially in the area that the locals call Valaoritou.

Where to stay
Its cosmopolitan atmosphere, affordable luxury, modern facilities, four-star services as well as a business-oriented character are all features of the biggest city hotel in northern Greece, bearing the top quality mark of Capsis Hotel chain.

The recently renovated Capsis Hotel Thessaloniki is the ideal destination for a truly unforgettable stay in the heart of the city. Its key position makes it a perfect choice for anyone visiting, either for leisure or for business.

The spacious conference facilities are one of the best options for conducting conventions and organizing business events. The hotel features: 407 guestrooms and luxurious suites; 18 modern and fully equipped multipurpose venues; an underground parking area; fitness center; roof garden with swimming pool; restaurant and Cafe Capsis.