Apartment for rent.
The apartment is located on the ground floor and has recently been renovated.
The apartment has a bedroom, a living room, a kitchen and a bathroom.
- equipped kitchen
- wireless Internet
- air conditioning
- 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
Absolute annual income is 25,000 €.
The current yield of 9.5%.
Notary — 1,5% + 24% VAT.
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.
Location and nearby infrastructure
The apartment is located in Mykonos, the one of the most famous islands in Greece, in a walking distance from the beach. A lot of shops, cafes, restaurants and ATMs are situated not far from the property.
Public transport and taxis are available throughout the island, allowing easy access to any area.