- professional management company
- no need to do repairs and wait, the income starts coming right away
- working rental business
Projected annual income is 25,200 €.
The projected yield of 6.7%.
Notary — 1,2%.
Acquisition tax is 3,09%.
Legal services — 1.5% + 24% VAT.
According to preliminary calculations, the annual utility payments are 1,600 euros.
The management company fee is 25% of the annual rental revenue and includes the airbnb commission.
Paleo Faliro is the southern suburb of Athens. There is the port of Flisvos and the ship museum Averof here. There is a reconstructed antique trirera near the Averof.
The distance to Athens is 8 km.
The apartment is located near the beach, in a walking distance from the public transport stops, a gym, cafes, and shops.