All 15 photo

Penthouse with a yield of 10%, Athens, Greece

137,000 €
3,702 € /m²
Send a request
Total area: 37 m² 1 bedroom 1 bathroom
Send a request
Features
  • Yield: 10.0%
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.09%
  • Balcony or terrace
  • Internet
  • TV

Apartment for rent on the fifth floor.

Description

Completely renovated penthouse of 37.5 m² with a spacious terrace.

Interior

The apartment includes a living room, a double bedroom, a bathroom, a kitchen and a 43 m² terrace. 

Equipment

  • Wi-Fi
  • air conditioning system
  • equipped kitchen
  • TV
  • central heating or heater
  • hot water
  • elevator

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

The projected yield of 10%.

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

Located in a central residential area, this property is close to bus stations and it is 3 minute walk to ”Agios Nikolaos“ metro station. It takes 8 minutes via metro to the historical center of Athens (”Monastiraki“ metro station).

There is a a local square, a supermarket, a bank and an ATM machine, cafes and tavernas, a bakery, a pharmacy and dry cleaning services in a walking distance from the property. 

The distance to the Acropolis is 6.7 km.

More properties

If this property wasn’t for you, take a look at other buy-to-let apartments for sale in Greece.

You can see more buy-to-let apartments for sale in Athens elsewhere on our website.

Similar listings

We select ads that may interest you.

Enquire about this buy-to-let apartment
Elena Chernyshyeva
Elena Chernyshyeva
Real Estate Expert Tranio in Athens
+44 20 3608 1267
Send a request
    When you submit a request, you agree to our terms and conditions
    • Residence permit support
    • Mortgage rates from 3.5%