- 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 absolute annual income is 18,000 €.
Current yield is 6.6%.
Notary — 1,5% + 24% VAT.
Acquisition tax is 3,09%.
Legal services — 1.5% + 24% VAT.
Annual utility payments are 1,200 euros.
The cost of the management company is 25% of the annual rental revenue and includes an airbnb commission.
The apartment is located next to the ancient stadium ”Kallimarmaro“.
There are Syntagma and Plaka nearby.
The Acropolis Museum is situated in a 10-minute walk from the property.