Cafe, Athens, Greece

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Cafe, Athens, Greece

650,000 €
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Total area: 420 m² Yield: 7.0%
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Features
  • Operating Incomе: 45,600 €
  • Occupancy: 100%
  • End of lease: 2024
  • Acquisition tax: 3.09%
  • Broker: 3.0%

Cafe on the ground floor of the building.

Description

The area of the property is 420 m².

Financial performance

The absolute annual income is 45,600 euros.

The current yield of 7.0%.

Tenants

The property is rented.

The lease agreement is valid until 2024 and provides for an annual indexation of the rent by 4%.

Transaction costs

The acquisition tax is 3.09%.

Brokerage fee is 3%.

Location and nearby objects

The cafe is located in the developing area of Ambelokipi, near the American Embassy and the Athens Tower.

Statistics in Athens

Price per m², €
1,451
Healthcare efficiency level
55
Crime rate
48
Real estate Price, €
Apartment in the city centre, m² 1,451.09
Apartment in a bedroom community, m² 1,626.63
Transport Price, €
Public transport, 1 ride 1.4
Monthly travel card 30.0
Taxi, 1 km 0.74
Petrol, 1 l 1.57
Food Price, €
Water, 1.5 l 0.9
Milk, 1 l 1.21
White bread, 500 g 0.79
Eggs, a dozen 3.12
Chicken fillet, 1 kg 6.75
Education Price, €
Kindergarten, per month 350.78
International school, per year 6,561.11
Health care index
Staff competence 63.01
Medical equipment 58.07
Research accuracy and completeness 56.35
Attitude towards patients 57.39
Security index
Crime rate 51.08
The risk of being robbed 45.99
The risk of car theft 54.21
The risk of break-in and property damage 54.99

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 17 4822 0039
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