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An apartment for rent on the seventh floor.
The building in which the apartment is located was built in 1971.
The apartment was renovated in 2017.
The area of the apartment is 38 m² (interior) and 96 m² (with terrace).
The apartment includes a living room, a kitchen, a bathroom and a large terrace.
- equipped kitchen
- 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 13,000 €.
The projected yield of 17.3%.
Notary — 1,2%.
Acquisition tax is 3,09%.
Legal services — 1.5% + 24% VAT.
The cost of ownership
Management costs are 30% of rental revenue. The manager will take over all the expenses on this 30% percentage.
Location and nearby objects
The property is located in the center of Athens in close proximity to the Agios Nikolaos metro station. In this area there are many shops, restaurants, and cafes.
There is a bank, supermarkets, a hospital and public transport stops in a walking distance from the building.
The nearest metro station Agios Nikolaos is 400 meters away, and the Acropolis is 4.5 km away.