The absolute annual income is 11,680 €.
The current yield of 14,6%.
Notary — 1,5%.
Acquisition tax is 3,09%.
Legal services — 1,5% + 24% VAT.
The cost of the management company — 30%.
The property is located in one of the most prestigious and expensive areas of Athens — Koukaki, in the city center. This is a popular tourist area near the Acropolis: it is called by Airbnb one of the 10 most promising areas in the world for short-term rent. There are many hotels, bars, and restaurants here.
The area is served by Line 2 (red line) of the Athens metro with the station ”Singru-Fix. “
The Acropolis Museum is 1 km away (15 minutes walk).