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Package of two apartments, Athens, Greece

318,000 €
3,000 € /m²
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  • Total area
    106 m²
  • Yield
    9.8%
Details
Property parameters
  • 5-floor building
Financial performance
  • Annual income: 31,200 €
Tenants
  • No tenants
Transaction costs
  • Notary (state registration): 1.7%
  • Acquisition tax: 3.0%

Direct Tranio product — two apartments for short-term rent.

The building where the apartment is located is under renovation. Completion of works is planned for May 2018.

Здание общей площадью 456 м2 включает пять этажей и подвал площадью 80 м2.

Interior

The first apartment has an access to the garden and includes a bedroom, a living room, a kitchen combined with a dining area, and a bathroom.

The second apartment includes a bedroom, a living room, a kitchenette and a bathroom.

Advantages

The management company assumes all responsibilities related to tenant search, services (concierge service, cleaning, cosmetic repairs), financial management.

Financial performance

Projected annual income is 31,200 €.

The projected yield of 9.8%.

Transaction costs

Acquisition tax is 3.0%.

Notary and lawyer services are 1.7%.

Registration fee is 0.48%.

The municipal tax is 3.0% of the acquisition tax.

There isn't the brokerage fee.

The cost of ownership

Communal expenses are paid by the owner.

Location

The property is located in the center of Athens, in the area of Exarchia. The bus stop can be reached on foot in 3 minutes, to metro station — in 12 minutes. Supermarkets, a farmer's market, a park, banks and cafes are situated not far from the house. The main square of Athens is located in 2.6 km from the building, and the Acropolis — in 3.4 km.

More properties

If this ad doesn't suit you, have a look at the other block of flats for sale in Athens.

All ads in the country: block of flats for sale in Greece.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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