The present invention provides a method for manufacturing a grain oriented electrical steel sheet, including preparing as a material a steel slab having a predetermined composition and carrying out at least two cold rolling operations, characterized in that a thermal treatment is carried out, prior to any one of cold rolling operations other than final cold rolling, at temperature in the range of 500° C. to 750° C. for a period in the range of 10 minutes to 480 hours. The grain oriented electrical steel sheet of the present invention exhibits through utilization of austenite-ferrite transformation superior magnetic properties after secondary recrystallization.