Completely renovated apartment with a balcony of 85 m², on the 4th floor of a residential building.
The apartment includes a living room with a sofa bed, a fully equipped kitchen, one bedroom with a double bed, a bathroom and a balcony.
The apartment is fully furnished and equipped with modern facilities.
- 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 14,000 euro.
The current yield of 7.4%.
Notary — 1,5% + 24% VAT.
Acquisition tax is 3,09%.
Legal services — 1.5% + 24% VAT.
The cost of ownership
Annual utility payments are 1,300 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 on a popular street in Athens, close to numerous shops and restaurants, and close to public transport stops.