Office building, Athens, Greece

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Office building, Athens, Greece

11,500,000 €
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Total area: 8,000 m² Yield: 7.8%
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Features
  • Operating Incomе: 900,000 €
  • Occupancy: 100%
  • End of lease: 2026
  • Acquisition tax: 3.09%
  • Broker: 3.0%

Office building in the suburbs of Athens.

Description

The area of the property is 8,000 m².

Financial performance

The absolute annual income is 900,000 euros.

The current yield of 7.8%.

Tenants

The anchor tenant is the university.

The lease agreement is valid until 2026.

The other tenants are two private international companies.

Transaction costs

The acquisition tax is 3.09%.

Brokerage fee is 3%.

Location

The building is located in the north-eastern part of the Athenian agglomeration, in 6.6 km from the center of Athens.

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Artem Ezhkov
Artem Ezhkov
Real Estate Expert Tranio in Athens
+44 17 4822 0039
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