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Package of two apartments, Athens, Greece

318,000 €
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Total area: 106 m² Yield: 9.8%
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Features
  • Operating Incomе: 31,200 €
  • 5-floor building
  • 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 and nearby objects

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.

We can help you get a Gold Visa (permit without tax residence) when buying a property worth €250,000 or more.

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Enquire about this apartments package
Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Send a request
    When you submit a request, you agree to our terms and conditions
    • Bank financing from 3.5% annually
    • Construction site audits
    • Management company services