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Apartment, Athens, Greece

186,000 €
3,000 € /m²
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Total area: 62 m² Land area: 193 m² 1 bedroom 1 bathroom
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Features
  • Yield: 7.0%
  • 5-floor building
  • 1 floor
  • Notary (state registration): 1.7%
  • Acquisition tax: 3.0%
  • Garden

Direct Tranio product — apartments for short-term rent.

The building where the apartment is located, is under renovation. Completion of works is planned for May 2018.

The building of 456 m² includes five floors and a basement of 80 m².

Interior

The apartment has an access to the garden and includes a bedroom, a living room, a kitchen combined with a dining area, and a bathroom.

Advantages

The management company assumes all responsibilities related to tenant search, services (concierge service, cleaning, cosmetic repairs), financial management.

Financial performance

The projected yield of 7.0%.

Transaction costs

Acquisition tax is 3.0%.

Notary and lawyer services are 1.7%.

Registration fee is 0.48%.

The municipal tax is 3.0% of the acquisition tax.

There isn't the brokerage fee.

The cost of ownership

Communal expenses are paid by the owner.

Location and nearby objects

The property is located in the center of Athens, in the area of Exarchia. The bus stop can be reached on foot in 3 minutes, to metro station — in 12 minutes. Supermarkets, a farmer's market, a park, banks and cafes are situated not far from the house. The main square of Athens is located in 2.6 km from the building, and the Acropolis — in 3.4 km.

We can help you get a Gold Visa (permit without tax residence) when buying a property worth €250,000 or more.

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Vitaly Fedjanin
Vitaly Fedjanin
Real Estate Expert Tranio in Athens
+44 20 3608 1267
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