Studio apartment for rent on the basement floor.
The apartment is fully renovated.
The apartment includes a bedroom with a bed and a sofa, a bathroom, a kitchen and a balkony.
- equipped kitchen
- 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 7,300 €.
The projected yield of 9,3%.
Notary — 1,5%.
Acquisition tax is 3,09%.
Legal services — 1.5% + 24% VAT.
The cost of ownership
Annual utility payments are 800 euros.
The management company fee is 25% of the annual rental revenue and includes the airbnb commission.
The apartment is located in the Kipseli district. This is a prestigious residential area in the north of the center of Athens with pleasant restaurants and architecture.
There are public transport stops, banks, and a supermarket in a walking distance from the property.
The distance to the Acropolis is 4.5 km.