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Apartment with a yield of 8,5%, Alimos, Greece

378,000 €
2,503 € /m²
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Total area: 151 m² 2 bedrooms 2 bathrooms
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Features
  • Yield: 8.5%
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.09%
  • Balcony or terrace
  • Internet
  • TV

Apartment for rent on the first floor.

Description

The area of the apartment is 151 m²

Interior

The apartment includes a living room, two double bedrooms, two bathrooms, a kitchen and a balcony. 

Equipment

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

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 is 8,5%.

Transaction costs

Notary — 1,5%.

Acquisition tax is 3,09%.

Legal services — 1.5% + 24% VAT.

The cost of ownership

Annual utility payments are 1,400 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 the Alimos area. This is a prestigious coastal area with sandy beaches, numerous restaurants, bars and parks.

There are public transport stops, a yacht club, banks and a pharmacy in a walking distance from the property.

We can help you get a Gold Visa (permit without tax residence) when buying a property worth €250,000 or more.

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 Alimos elsewhere on our website.

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Enquire about this buy-to-let apartment
Vitaly Fedjanin
Vitaly Fedjanin
Real Estate Expert Tranio in Alimos
+44 20 3608 1267
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    • Residence permit support
    • Mortgage rates from 3.5%