There is provided for sale a piece of real estate 110 sq. m. in the eastern Athens (Municipality Peristeri). Currenty the unit is rented and is used as a cafe. There is also an opportunity to obtain 3-leveled building (cost 850,000 euro). On the second and third floors there are two appartments of 120 sq. m. and 110 sq. m. Each appartment consists of 3 bedrooms, hall with kitchen and shower room. The proposedinvestment projectprovides an opportunityto earn incomein the amount of2,17%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 of600 euro.
Shop – Athens, Attica, Greece
Total area: 110 m² Built in 1984