Full Description
An investment property is for sale in Thessaloniki’s Toumba, close enough to the universities and the city center.
The building will be delivered fully renovated and ready for exploitation. The total surface is 200 m², shared in 3 apartments and a studio on the terrace.
Each apartment consists of a bedroom, a living room, a kitchen, a bathroom and a storage room. The studio includes a living room and a bathroom.
The ground floor apartment, of 55 m², has a rental potential of 260 € / month. The first floor apartment, of 66 m², 360 € / month, the second floor, of 66 m², 380 € / month, and the studio of 26 m2, 200 € / month. Rental income per year is estimated at € 14,400 and the investment return, as a long-term exploitation, is 5.76%.
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