Shop – Paiania, Attica, Greece

There is provided for sale aceremonial hall in the prestigious seaside in southern Athens — district Voula. The total square of the three-storey building is 900 sq. m., the square of the surrounding area is 3.000 sq. m. There are elevator, cooling and heating systems in the building. In the territory there isperformance stage for outdoor events. Currently the hall is rented for 3.500 euro a month. Consequently, there is an opportunity to continue the rent that will bring perminent profit. There is also an opportunity topurchase this unit with all the equipment. The proposedinvestment projectprovides an opportunityto earn incomein the amount of4,05%per annum of thelease. When calculating theprofitabilitywerefully taken into accountall the costs ofthe acquisition andregistration of real estate(includinglegal costsandtax on transferof property), as well as obtainingthe averagecostof rentin the amount of3.500euros.