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Studio apartment for rent.
The apartment is fully renovated.
The apartment includes a living room, a bathroom, a kitchen and a balcony.
- 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 6,750 €.
The projected yield of 9%.
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.
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.