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Penthouse with a yield of 10%, Athens, Greece

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

Apartment for rent on the fifth floor.


Completely renovated penthouse of 37.5 m² with a spacious terrace.


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


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


  • 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.

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Elena Chernyshyeva
Elena Chernyshyeva
Real Estate Expert Tranio in Athens
+44 20 3608 1267
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