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Brand new apartment with a 6.5% yield next to the Athens Concert Hall, Greece

110,000 €
2,000 € /m²
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Total area: 55 m²
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Features
  • Yield: 6.5%
  • Operating Incomе: 7,200 €
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.09%
  • Garden

Apartment for rent on the basement floor.

Description

The area of the apartment is 55 m².

Interior

The apartment comprises a bedroom, a bathroom, and a living room, combined with a kitchen and a small garden.

Financial performance

The absolute annual income is 7,200 €.

The current yield is 6.5%.

Tenants

The apartment is leased for a long term.

Transaction costs

Notary — 1,5%.

Acquisition tax is 3,09%.

Legal services — 1.5% + 24% VAT. 

Location

The apartment is located in the district of Ilisia on a pedestrian street 3 minutes walk from the metro station of Megaro Moussikis. Syntagma Square is 2 km away, and the Acropolis is 4 km away.

Ilisia is an area in the eastern part of Athens, one of the most densely populated areas of the city including green areas. The Villa of Sophie de Marbois-Lebrun, Duchess of Piacenza, and the National and Kapodistrian University of Athens campus.

The district is served by the Megaro-Musikis metro station (blue line).

Statistics in Athens

Price per m², €
1,528
Healthcare efficiency level
55
Index 55 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
52
Index 52 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 1,528.04
Apartment in a bedroom community, m² 1,613.63
Transport Price, €
Public transport, 1 ride 1.4
Monthly travel card 30.0
Taxi, 1 km 0.74
Petrol, 1 l 1.55
Food Price, €
Water, 1.5 l 0.86
Milk, 1 l 1.22
White bread, 500 g 0.81
Eggs, a dozen 3.03
Chicken fillet, 1 kg 6.9
Education Price, €
Kindergarten, per month 354.61
International school, per year 6,786.67
Health care index
Staff competence 62.72
Medical equipment 58.12
Research accuracy and completeness 56.68
Attitude towards patients 57.19
Security index
Crime rate 51.55
The risk of being robbed 46.48
The risk of car theft 53.66
The risk of break-in and property damage 55.78

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Ekaterina Matsyuk
Ekaterina Matsyuk
Greece Real Estate Expert
+44 17 4822 0039
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