Investment project, Athens, Greece

Additional information is provided after the signing of an NDA

Investment project, Athens, Greece

2,800,000 €
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Total area: 3,200 m² Yield: 8.6%
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Features
  • Operating Incomе: 240,000 €
  • 7-floor building
  • Notary (state registration): 1.2%
  • Acquisition tax: 3.09%

Office building for conversion.

Description

The area of the property is 3,100 m², including a basement area of 1,300 m².

At the moment, the building is rented.

Financial performance

The absolute annual income is 240,000 euros.

The current yield is 8.6%.

Transaction costs

Notary — 1,2%.

Acquisition tax is 24%.

Legal services — 1.5% + 24% VAT.

Location and nearby objects

The property is located in the center of Athens.

There are supermarkets, shops, hotels, banks and post office nearby.

The distance to the metro station is 350 m.

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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Enquire about this office building
Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 17 4822 0039
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    • Bank financing from 3.5% annually
    • Construction site audits
    • Management company services
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