For sale apartment of 55 sq.meters in Athens. The apartment is located on the ground floor and consists of one bedroom, living room, one kitchen, one bathroom. Flat has front layout and also elevator, heating.

The flat is located in the center of Athens, 350 m. far from the National train station of Athens (and metro station).

Kolonos is a district of Athens, located on the western side of the municipality of Athens. It borders with the Plato, Skouze, Kolokynthos, Sepolia and Attica districts, while its boundaries to the west reach Kifissos Avenue. It is crossed by Lenorman Street and is serviced by Metro Line 2 and Larissa Station, as well as by the railway and Attiki Station.

Kolonos is a densely populated area with few unobstructed spaces. It was strongly rebuilt mainly in the 1960s and 1970s. The Hippopotamus Hill is part of the neighborhood.

In antiquity Kolonos was considered the most prestigious city of ancient Athens. It was a riverside municipality and was crossed by the river Kifissos, which is underground under Kifissos Avenue.

The property is currently under renovation, as per the latest technologies, using the newest materials!
As per the request of the owner, the property has been made in an English style the interior 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 property is an investment opportunity, as it is bringing to the owner high and stable income from the rents. More detailed:

Investment amount : 71 500 + expenses = 77 935 euros

Yearly occupancy: 70%

ADR: from 40 euros per day

Yearly income: 10 220 euros

Yearly expenses: 3 066 euros

Clear income after taxes : 7 154 euros

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