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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. 

Statistics in Athens

Price per m², €
1,451
Healthcare efficiency level
55
Crime rate
48
Real estate Price, €
Apartment in the city centre, m² 1,451.09
Apartment in a bedroom community, m² 1,626.63
Transport Price, €
Public transport, 1 ride 1.4
Monthly travel card 30.0
Taxi, 1 km 0.74
Petrol, 1 l 1.57
Food Price, €
Water, 1.5 l 0.9
Milk, 1 l 1.21
White bread, 500 g 0.79
Eggs, a dozen 3.12
Chicken fillet, 1 kg 6.75
Education Price, €
Kindergarten, per month 350.78
International school, per year 6,561.11
Health care index
Staff competence 63.01
Medical equipment 58.07
Research accuracy and completeness 56.35
Attitude towards patients 57.39
Security index
Crime rate 51.08
The risk of being robbed 45.99
The risk of car theft 54.21
The risk of break-in and property damage 54.99

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Ekaterina Matsyuk
Ekaterina Matsyuk
Real Estate Expert Tranio in Athens
+44 17 4822 0039
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