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Spacious apartment of 50 m² on the ground floor.
The apartments include 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
The projected annual income is 14,000 euros.
The projected yield is 7.8%.
Notary — 1,2%.
Acquisition tax is 3,09%.
Legal services — 1.5% + 24% VAT.
The cost of ownership
Annual utility payments are 1,300 euros.
The management company fee is 25% of the annual rental revenue and includes the airbnb commission.
The apartment is located in Koukaki, a residential area in 10 — minute walk from the Acropolis.
Kukaki is one of the seven most promising regions in the world for short-term leases.
Nearby, new bars, restaurants and shops are continuously opening.