An office building in the nearest suburbs of Athens.
Description
The building area is 250 m².
Financial performance
The absolute annual income is 84,000 €.
The current yield is 4,2%.
Tenants
The building is rented by an embassy.
The lease agreement is valid for a short term.
Transaction costs
Notary — 1,5% + 24% VAT.
Acquisition tax is 3,09%.
Legal services — 1.5% + 24% VAT.
Brokerage fee is 2%
Location and nearby infrastructure
The building is located in the prestigious residential suburb of Athens, in 5 km away from the center of the city, on one of the busiest avenues.
There are numerous embassies and consulates in the district.
The distance to Acropolis is about 9 km, to Athens International Airport — 27 km.
