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Renovated apartment with a yield of 9,7%, Athens, Greece

155,000 €
2,583 € /m²
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Total area: 60 m² 2 bedrooms 1 bathroom
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Features
  • Yield: 9.7%
  • Operating Incomе: 15,120 €
  • 3 floor
  • Notary (state registration): 1.2%
  • Acquisition tax: 3.09%

Sold! 

Information in this listing is for informational purposes only. Please leave a request, we will send the current object with the same parameters.

Apartment for rent on the second floor.

Description

The apartment is fully renovated.

There is an elevator in the apartment building.

Interior

The apartment includes two bedrooms, a bathroom, and a kitchen. 

Advantages

  • 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

Financial performance

Absolute annual income is 15,120 €.

The current yield is 9,7%.

Transaction costs

Notary — 1,2%.

Acquisition tax is 3,09%.

Legal services — 1.5% + 24% VAT.

Location

The apartment is located on a shopping street in the very center of Athens. The Acropolis of Athens, the Temple of Hephaestus and the Parthenon are situated just in fifteen-minute drive from the apartment. There are also shopping centers, numerous restaurants, a few bus stops, and many tourist attractions such as Syntagma Square, the National Historical Museum.

The matro station is located just in seven-minute walk from the apartment. 

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Enquire about this buy-to-let apartment
Ekaterina Matsyuk
Ekaterina Matsyuk
Real Estate Expert Tranio in Athens
+44 17 4822 0039
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