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Package of two apartments, Athens, Greece

294,000 €
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Total area: 98 m² Yield: 8.2%
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  • Operating Incomе: 24,000 €
  • 5-floor building
  • 4 floor
  • 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.

The building of 456 m² includes five floors and a basement of 80 m².


The first apartment includes a bedroom, a living room, a kitchen and a bathroom.

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


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

Financial performance

Projected annual income is 24,000 €.

The projected yield of 8.2%.

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.

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Enquire about this apartments package
Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 17 4822 0039
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    When you submit a request, you agree to our terms and conditions
    • Bank financing from 3.5% annually
    • Construction site audits
    • Management company services