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Apartment with a yield of 9.6%, Voula, Greece

160,000 €
3,200 € /m²
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Total area: 50 m² 1 bathroom
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Features
  • Yield: 9.6%
  • Operating Incomе: 15,330 €
  • Notary (state registration): 1.2%
  • Acquisition tax: 3.09%
  • Total rooms: 1
  • Internet
  • TV
  • Furnished

A studio apartment for rent on the ground floor.

Description

The area of the apartment is 50 m². 

The apartment is fully renovated.

Interior

The apartment includes a living room combined with a bedroom, a kitchen combined with a dining room and a bathroom.

Equipment

  • equipped kitchen
  • TV
  • Wi-Fi
  • air conditioning system

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 15,330 €.

The projected yield of 9.6%. 

Transaction costs

Notary — 1,2%.

Acquisition tax is 3,09%.

Legal services — 1.5% + 24% VAT.

The cost of ownership

Management costs are 25% of rental revenue.

Location and nearby objects

Voula is the southern suburb of Athens, located in 16 km from the city center and in 19 km from the Eleftherios Venizelos International Airport. In addition to sandy beaches, tourists are provided with tennis and volleyball courts, water slides, cafes and bars.

The apartment is located in an 11-minute walk from the Voula Beach, close to public transport stops and a sports complex.

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Enquire about this buy-to-let apartment
Inna Klimaeva
Inna Klimaeva
Real Estate Expert Tranio in Voula
+44 20 3608 1267
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