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
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. The apartment is 350 meters away from Victoria Metro Station, 750 meters from the National Archaeological Museum and 100 meters from Athens University of Economics and Business.