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Penthouse with a yield of 9%, Kallithea, Athens, Greece

84,000 €
2,800 € /m²
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Total area: 30 m² 1 bathroom
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Features
  • Yield: 9.0%
  • Operating Incomе: 7,560 €
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.09%
  • Total rooms: 1
  • Balcony or terrace

Apartment on the top floor for rent.

Description

The apartment is fully renovated.

Interior

The apartment includes a living room, a bathroom, a kitchen and a balcony.

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 7,560 €.

The projected yield of 9%.

Transaction costs

Notary — 1,5%.

Acquisition tax is 3,09%.

Legal services — 1.5% + 24% VAT.

The cost of ownership

Annual utility payments are 1,200 euros.

The management company fee is 25% of the annual rental revenue and includes the airbnb commission.

Location and nearby objects

The apartment is located in Kallithea, a large southern area of Athens. It is located at an altitude of 25 meters above sea level, in 4 km from the city center, Omonia Square, and in 22 km from the international airport ”Eleftherios Venizelos“ on the shore of Faliron bay of Saronic Gulf.

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