- 27,285,000 €
- 4.7% yield
- Athens Apartment building 2,500,000 €
- Basic parameters
- Photo
№ 2,322,041
Apartment building 545 m² in Athens
2,500,000 €
4,587 € /m²
- Apartments 6
- Yield 6.0%
- Constructed 1955
- Price per key —
Key project parameters
- Total area
- 545 m²
- Land area
- 200 m²
- Apartments
- 6
- Floors
- 5
- Constructed
- 1955
Project description
Description
The 5-storet building with a total area of 545 m² consists of 6 apartments with areas from 70 m² to 80 m².
Some flats have balconies and views of the Acropolis.
There is a laundry and a storage.
Needs renovation.
It's possible to extend the building area by 2 separate apartments of 70 m² each.
Extra information
Balcony or terrace
Town view
Tenants
- Agreement
- n/a
The property is fully let for a short term.
Financial performance
- Yield
- 6.0%
The expected yield is up to 6%.
Transaction costs
Brokerage fee.
Location and nearby infrastructure
The property is located in the historic center of Athens.
Athens is the capital of Greece, located in the historical region of Attica and is the economic, cultural and administrative center of the country. The population of the city is more than 3.5 million people.
Athens is the largest trade and distribution center and financial center of the country, in particular, more than 2.5 million tons of oil are processed annually there. Up to 70% of import and 40% of Greece’s export go through Greater Athens.
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- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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