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Spacious apartment for rent.
The apartment of 94 m² with a terrace on the third floor of the building with an elevator.
The property includes brand-new furniture, kitchen and kitchen appliances.
The apartment includes a living room with a big sofa bed, a kitchen, a bathroom and three bedrooms (all with double bed).
- 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 25,000 €.
The current yield of 11.9%.
Notary — 1,2%.
Acquisition tax is 3,09%.
Legal services — 1.5% + 24% VAT.
The cost of ownership
Annual utility payments are 1,700 €.
The management company fee is 25% of the annual rental revenue and includes the airbnb commission.
The property is located in the center of Athens, in the developing residential area of Koukaki, with access to all modes of transport and in a 7 minute-walk from the nearest metro station. The district is situated in a 10 minute-walk from the Acropolis, the Airbnb called this area one of the 7 most promising areas in the world for short term rentals.
There are ATMs, a restaurant, coffee shops, a supermarket, a pharmacy in a walking distance from the building.
Private parking is in 3-minutes walk from the building. Free parking is available on the street.