Apartment for rent on the first floor.
The apartment is fully renovated.
The apartment includes three bedrooms, a living room with a sofa, a bathroom, a kitchen and a terrace.
- equipped kitchen
- air conditioning system
- 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
Projected annual income is 25,000 €.
The projected yield of 14.8%.
Notary — 1,5%.
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.
The property is located in the center of the city, in the Petralona area — it is one of the oldest and most beautiful areas of Athens. A supermarket, a bank, shops, cafes and public transport stops are situated in a walking distance from the apartment.
The nearest metro station is 23 meters away, and the Acropolis is 1.8 km away.