Apartment for rent.
Apartment of 76 m² with a private terrace of 70 m² on the 6th floor.
The apartment has a bedroom, a living room, a kitchen and a bathroom.
- equipped kitchen
- wireless Internet
- 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 15,000 €.
The current yield of 7.5%.
Notary — 1,5%.
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 property is located in Kukaki. This is a developing residential area in a 10-minute walk from the Acropolis. It is named by Airbnb as one of the 7 most promising areas in the world for short-term leases; new bars, restaurants and shops are being actively opened here.
The apartment is situated in a walking distance from the park, supermarkets, public transport and has the view of Athens, the Acropolis and Likabetut hill.