An apartment for rent on the basement floor.
The area of the apartment is 50 m².
The apartment has its own patio.
The apartment comprises a living room, a bedroom, a kitchen and a bathroom.
- 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
The absolute annual income is 5,160 euros.
The current yield is 6.5%.
The management company offers a guaranteed lease agreement.
Notary — 1,2%.
Acquisition tax is 3,09%.
Legal services — 1.5% + 24% VAT.
Brokerage fee is 2%.
The cost of ownership
The management company covers all current expenses, except for tax payments.
The apartment is located in the area of Exarchia. It is a densely populated, residential area in the center of the city with numerous retail shops.