An apartment for rent on the sixth floor.
The building in which the apartment is located was built in 1976.
The apartment was renovated in February 2017.
The area of the apartment is 14 m², and the area of the balcony is 40 m².
We can help you get a Golden Visa (permit without tax residence) when buying a property worth €250,000 or more.
The apartment includes a bedroom, combined with a kitchenette, a bathroom, 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 7,000 €.
The projected yield of 14.9%.
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.
The apartment is located in the pedestrian zone, in the Kipseli area. This is a developed, prestigious residential area in the north of the center of Athens with pleasant restaurants and architecture.
There are public transport stops, a park, a bakery, a supermarket and a pharmacy in walking distance from the property. There is the historic street Fokinos-Negri nearby.
The Victoria Metro Station can be reached on foot in 8 minutes, Kipseli Square — in 5 minutes.
The distance to the Acropolis is 4.6 km.