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Apartment for rent.
Cozy apartment of 64 m² with a terrace on the ground floor of a building.
The apartment includes a kitchen, a living room, a bedroom and a bathroom.
- 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 15,000 €.
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 1,500 euros.
The management company fee is 25% of the annual rental revenue and includes the airbnb commission.
The property is located in Nea Smirni, about 5 km south-west of the center of Athens and from Kifissias Avenue.
There are supermarkets, a park and public transport stops near the building.