The direct product of Tranio: Aparthotel in the central part of the city.
Description
The apartment hotel consists of 3 floors + semi-basement floor and includes 6 apartments.
Transaction type: Forward Deal.
Benefits
- 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.
Financial performance
Projected yield of 7.3%.
Transaction costs
Broker fee: 2%+ 24% VAT
Location and nearby infrastructure
The property is located in the center of Athens, in the area of Exarchia, this is a densely populated, lively downtown area with many retail stores.
The bus stop can be reached on foot in 3 minutes, to the metro station — in 12 minutes.
Supermarkets, a farmer's market, a park, banks, and cafes are situated not far from the building. The main square of Athens is located in 2.6 km from the building, and the Acropolis — in 3.4 km.
