Full Description
For sale apartment of 48 sq.meters in Athens. The apartment is situated on the 4th floor.
It consists of one bedroom, living room, one kitchen, one bathroom.
Flat has front layout. A view of the city opens up from the windows. There is heating. Building has a lift.
We offer for sale an investment project of Grekodom Development Mouzenidis Group
The project will be accompanied and guaranteed before its completion by turnkey company Grekodom Development
The flat is located in Metaksourgeio area, 300m far from the famous square of Karaiskaki
The neighborhood is located on the Northern-Western side from the historical center of Athens, between Kolonos to the east and Kerameikos to the west, and north of Gazi. Metaxourgeio has been built by the architect Christian Hansen. It took its name from the silk manufacture factories that were located in this area until 1875. (Metaksi means silk in the Greek language). In the middle of last century when the city of Athens, start its fast development, the Meatksourgeio area has become the heart of cultural and commercial of the capital.
The convenient location of the building and easy access to the center of the city suit perfectly for the living or rental.
The property has been fully renovated in 2018, as per the latest technologies, using the newest materials!
As per the request of the owner, the internal interior has been made in an English style the layout has been changed, new electrical wiring, hydraulics and the sanitary fixtures were installed, all windows were replaced with double-glazed windows, equipped with the new thermal insulation technology all the necessary bathroom fixtures were installed in the bathrooms.
The tax transition is 3.09%
The property as an investment opportunity can bring to the owner high and stable income from the rental. More detailed :
investment amount : 80.000+ expenses = 87.200 euros
yearly occupancy : 70%
ADR : from 50 euros per day
yearly income : 12.775 euros
yearly expenses : 3.833 euros
clear income after taxes : 8.942 euros
Read more