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Apartment with a yield of 16%, Athens, Greece

45,000 €
1,875 € /m²
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Total area: 24 m² 1 bedroom 1 bathroom
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Features
  • Yield: 16.0%
  • Operating Incomе: 7,200 €
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.09%
  • Total rooms: 1
  • Balcony or terrace
  • Internet
  • TV
  • Furnished

An apartment in the historical center of Athens.

Description

The property is located on the 2nd floor of the building.

The apartment is suitable for 2 guests.

Interior

The property includes:

  • bedroom (with double bed)
  • bathroom
  • kitchen (with appliances)
  • balcony

Equipment

  • Wi-Fi
  • television
  • central heating/ heater
  • air conditioning system
  • fire extinguisher

Financial performance

The absolute annual income is 7,200 €.

The current yield is 16%.

Transaction costs

Notary — 1,5%.

Acquisition tax is 3,09%.

Legal services — 1.5% + 24% VAT.

The cost of ownership

The cost of the MC is 30% (including utility payments).

Location

The apartment is located in the historic district of Athens — Kipseli, which in 1950-1960s acquired the status of fashionable. The area is one of the most visited among young people and travelers.

The property is located next to Kipseli Square. There are shops, bars, restaurants, bakeries, cafes, supermarkets, banks, post offices, a hairdresser in a walking distance.

The bus stop is 10 meters away from the hotel, Acropolis is in 6 km away.

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Enquire about this buy-to-let apartment
Inna Klimaeva
Inna Klimaeva
Real Estate Expert Tranio in Athens
+44 17 4822 0039
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