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Recently renovated apartment with an Acropolis view and the yield of 9%, Athens, Greece

75,000 €
2,205 € /m²
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Total area: 34 m² 1 bathroom
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Features
  • Yield: 9.0%
  • Operating Incomе: 6,750 €
  • Notary (state registration): 1.2%
  • Acquisition tax: 3.09%
  • Total rooms: 1
  • Balcony or terrace
  • Internet
  • TV
  • Furnished

Sold! 

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

Studio apartment for rent.

Description

The apartment is fully renovated.

Interior

The apartment includes a living room, a bathroom, a kitchen and a balcony.

Equipment

  • TV
  • air conditioning system
  • Wi-Fi

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

Projected annual income is 6,750 €.

The projected yield of 9%.

Transaction costs

Notary — 1,2%.

Acquisition tax is 3,09%.

Legal services — 1.5% + 24% VAT.

The cost of ownership

Annual utility payments are 1,200 euros.

The management company fee is 25% of the annual rental revenue and includes the airbnb commission.

Location

The apartment is located in the central area of Athens, in a five-minute walk from the Victoria metro station.

There is a park, a museum, the Athens Economic University, cafes, shops and public transport stops near the property.

The Acropolis can be reached by metro in 14 minutes.

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