Spacious apartment of 50 m² on the sixth floor in a building with an elevator.
The apartments include a kitchen, a living room, bedroom and a bathroom.
- central heating system or electric heater
- air conditioning system
- hot water
- 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 12,000 euros.
The projected yield is 11.4%.
Notary — 1,2%.
Acquisition tax is 3,09%.
Legal services — 1.5% + 24% VAT.
The cost of ownership
Annual utility payments are 1,000 euros.
The management company fee is 25% of the annual rental revenue and includes the airbnb commission.
The apartment is located in the center of Athens in 10 minute walk from the Athens Polytechnic University, the Athens University of Economics and Business, and the National Archaeological Museum.
Nearby there are the metro, tram and bus stations, the Ermou shopping street.
The distance to Eleftherios Venizelos Airport is 38 km.