In one of the central streets in the city of Athens, it is provided for sale a property for commercial ise with the total area of 162 sq. m. which consists of the first floor (82 sq. m.), second floor (40 sq. m.) and the basement (80 sq. m.) This property is rented by the telecommunication and security systems company on the long term basis. The cost of the monthly rent amounts to 675 euro. The proposedinvestment projectprovides an opportunityto earn incomein the amount of5,61%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 of675euros.
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Shop – Lagonisi, Attica, Greece
125,000 €
618 € /m²
- Total area202 m²
- Built in1963
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