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Аpartments with a yield of 7.8%, Athens, Greece.

179,000 €
3,254 € /m²
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Total area: 55 m² 1 bedroom 1 bathroom
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Features
  • Yield: 7.8%
  • Operating Incomе: 14,000 €
  • 1 floor
  • Notary (state registration): 1.2%
  • Acquisition tax: 3.09%
  • Total rooms: 2

Spacious apartment of 55 m² on the ground floor.

Interior

The apartments include a kitchen, a living room, a bedroom and a bathroom.

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

The projected annual income is 14,000 euros.

The projected yield is 7.8%.

Transaction costs

Notary — 1,2%.

Acquisition tax is 3,09%.

Legal services — 1.5% + 24% VAT.

The cost of ownership

Annual utility payments are 1,300 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 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.

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

More properties

If this property wasn’t for you, take a look at other buy-to-let apartments for sale in Greece.

You can see more buy-to-let apartments for sale in Athens elsewhere on our website.

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Enquire about this buy-to-let apartment
Ekaterina Matsyuk
Ekaterina Matsyuk
Real Estate Expert Tranio in Athens
+44 20 3608 1267
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