With an average occupancy rate of 65% and an average daily rent of 60 €, the projected annual income is 14,306 €.
The projected yield of 11.9%.
Notary — 1,5% + 24% VAT.
Acquisition tax is 3,09%.
Legal services — 1.5% + 24% VAT.
According to preliminary calculations, the annual utility payments are 1,300 euros.
The cost of the management company services is 25% of the annual rental revenue.
The property is located in a quiet and safe area of Neos Kosmos, in a ten-minute walk from the metro station and in a two-minute walk from the tram stop that connects the center and the coast. The address is Baknana 5.
There are supermarkets, a pharmacy, cafes, and shops in a walking distance from the building.
The nearest metro station Neos Kosmos is 800 meters away, and the Acropolis is 2.5 km away.