All4.com logo

1 Bed Studio for sale

Peiraias, Attica, Greece

£73,200 *

 [€85,000]

1 Bed Studio for sale

in Peiraias

£73,200 *

 [€85,000]

Property Details

  • Bedrooms: 1
  • Bathrooms: 1
  • Habitable space: 22 m2

Features

  • Aluminum joinery
  • Thermal insulation
  • New furniture
  • Air Condition Inverter
  • City view
  • Armored security door

Full Description

The impressive and modern 8-level building consists 22 residential units and 1 ground floor retail. Offered for sale a studio 21.33 sq.m, fully furnished and equipped. Also, it has a balcony of 3.5 sq.m.

It's an ideal investment opportunity, as the landlord can receive a stable monthly income from the rent.

- Financials:

Monthly rent: 350 Euro
Annual income tax: 15%
Sales price: 85000 Euro
Annual profit: 4200 Euro
ROI: 4.94%

Guaranteed return for 6 years plus 4

This studio is perfect for students not only because it is conveniently set near the tram and bus stops but also because it is situated within walking distance of one of the country most important universities, University of Piraeus and the famous private college, Metropolitan College.

This property listing (ref: 1334 ) is an advertisement supplied by DKG Development and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.

*Based on an exchange rate of 0.8612 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.

A Place in the Sun Currency Logo