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Designer furnished penthouse for rent with a yield of 7%, Athens, Greece

788,000 €
4,377 € /m²
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Total area: 180 m² 3 bedrooms 2 bathrooms
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Features
  • Yield: 7.0%
  • Built in 1975
  • 7-floor building
  • 7 floor
  • Notary (state registration): 1.2%
  • Acquisition tax: 3.09%
  • Balcony or terrace
  • Internet
  • TV
  • Furnished

A spacious penthouse with a rooftop terrace is for sale. Recently has been made full renovation.

Interior

The penthouse includes three bedrooms, two bathrooms, a toilet, a large living room with an open-plan kitchen, a terrace.

Equipment

  • parquet floors
  • floor-to-ceiling windows
  • equipped kitchen
  • heating
  • air conditioning

Advantages

  • 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

Infrastructure

There are shops, cafes, a police, a park, a bank, a cinema, a gym, etc. near the house

Financial performance

The projected yield of 7%.

Transaction costs

Notary — 1,2%.

Acquisition tax is 3,09%.

Legal services — 1.5% + 24% VAT.

The cost of ownership

The management company fee is 25% of the annual rental revenue and includes the airbnb commission.

Location and nearby objects

Only in 10 minutes you can reach the city center and the main sights of the city.

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Enquire about this buy-to-let apartment
Ekaterina Matsyuk
Ekaterina Matsyuk
Real Estate Expert Tranio in Athens
+44 20 3608 1267
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