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Apartment with a view of the sea coast, yield of 7%, Athens, Greece

273,000 €
2,373 € /m²
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Total area: 115 m² 1 bedroom 1 bathroom
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Features
  • Yield: 7.0%
  • Operating Incomе: 18,200 €
  • 1 floor
  • Notary (state registration): 1.2%
  • Acquisition tax: 3.09%
  • Balcony or terrace

Apartment for rent.

Description

The apartment is situated on the first floor of the building.

The area of the property is 115.4 m².

Interior

The apartment includes a bedroom, a living room, a bathroom, a kitchen and a balcony.

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

Financial performance

Absolute annual income is 18,200 euros.

The current yield of 7%.

Transaction costs

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.

Location and nearby objects

The apartment is located in the Alimos area. This is a prestigious coastal area with sandy beaches, numerous restaurants, bars and parks.

There are public transport stops, a yacht club, banks and a theater in a walking distance from the property.

The distance to the center of Athens is 12 km, and to the international airport — 30 km.

Statistics in Greece

Price per m², €
1,431
Healthcare efficiency level
55
Crime rate
39
Real estate Price, €
Apartment in the city centre, m² 1,430.98
Apartment in a bedroom community, m² 1,266.92
Transport Price, €
Public transport, 1 ride 1.4
Monthly travel card 30.0
Taxi, 1 km 0.77
Petrol, 1 l 1.58
Food Price, €
Water, 1.5 l 0.79
Milk, 1 l 1.16
White bread, 500 g 0.86
Eggs, a dozen 2.9
Chicken fillet, 1 kg 6.33
Education Price, €
Kindergarten, per month 330.58
International school, per year 6,840.37
Health care index
Staff competence 61.53
Medical equipment 57.51
Research accuracy and completeness 55.64
Attitude towards patients 57.25
Security index
Crime rate 38.69
The risk of being robbed 36.22
The risk of car theft 43.45
The risk of break-in and property damage 45.25

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Ekaterina Matsyuk
Ekaterina Matsyuk
Real Estate Expert Tranio in Alimos
+44 17 4822 0039
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