Ladadika is one of the hot spots of Thessaloniki when it comes to entertainment.. The colorful buildings are two-story with wide, rectangular windows and, along with the paved alleys, they exhale the spirit of old Thessaloniki. The word Ladadika literally means the shops that sell oil and its products. The area used to be the central market and bazaar of the city during the ottoman occupation or even earlier. It was also known as “Egyptian Market”. t hosted numerous shops and stores but since the Great Fire of 1917 and afterwards, it began to decline and some decades later only the oil selling shops remained open. This was until the late ’70s when the area was fully abandoned. In 1985 it was declared a historical monument by the Ministry of Culture. Ladadika soon came back to life, when small taverns, bars and restaurants opened and reoccupied the once abandoned and now renovated old buildings and welcomed the locals and tourists of all ages.