Apartment on the top floor for rent.
The apartment is fully renovated.
The apartment includes a living room, a bathroom, a kitchen and a balcony.
- 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 7,560 €.
The projected yield of 9%.
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.