Direct Tranio product.
Building with apartments for a short-term lease.
The usable area is 1,088 m².
A number of apartments: 15.
Type of deal: Forward deal.
A fully legal rental business — a project is sold with a short-term lease license.
The Possibility to obtain a residence permit for a group of investors and their families (spouses, their parents, and children) for the whole period of their tenure.
A stand-alone, whole building which provides complete control over the project and independence in decision-making (for example, you can open an additional business in the building).
Turnkey project — complete transaction support, consulting, professional management of the rental business.
The projected yield 10%.
The cost of ownership
According to preliminary calculations, the annual utility payments are 19,260 euros.
The cost of the management company services is 20% of the annual rental revenue.
Location and nearby infrastructure
The building, with its cozy patio, is a 13-minute walk from Victoria metro station. All necessary facilities are located in a walking distance: mass-transit stations, cafes, pharmacies, a supermarket, paid parking and a bank.
The distance to the Acropolis is 3.7 km.