The total area of the apartment is 152 m²
The flat consists of a living room, a kitchen, three bedrooms, a bathroom, a WC and two balconies.
The apartment was recently renovated.
The flat can accommodate up to nine residents.
- apartment is furnished
- kitchen is equipped with modern appliances
- wireless access to Internet
- the building is equipped with an elevator
- professional management company
- no need to do repairs and wait, the income starts coming right away
- working rental business
- airbnb revenue data provided by request
Absolute annual income is 22,000 €.
The current yield of 8,4%.
Notary — 1,5% + 24% VAT.
Acquisition tax is 3,09%.
Legal services — 1.5% + 24% VAT.
The cost of ownership
Annual utility payments are 1,800 euros.
The management company fee is 25% of the annual rental revenue and includes the airbnb commission.
Location and nearby infrastructure
The apartment is located in the central part of Athens. There are public transport stops, a Metro station and sights of the city situated within few minutes of walking from the property.