40 room-hotel with a business plan for renovation and rental, Rome, Italy
- 7,440,000 €
- 7.0% yield
- Athens Apartment building 2,500,000 €
- Basic parameters
- Photo
№ 2,322,041
Apartment building in the historic center of Athens, Greece
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 10%
- exit period
- 3 years
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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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