Full Description
Directly from Developer: you can buy number of properties that generate steady passive income for an investor from day one after purchase. Properties can be bought individually or as a package.
Please feel free to contact us for more details, pictures, viewings, business model information.
All apartments are offered with existing yield of 6.25% - 7.5% (after management fee) depending on the rental-model used for a specific unit. This yield can be further maximised if a buyer chooses to manage the rental property themselves. If you decide to keep the management of the property with us, we charge 10% for long-term and 20% for short term.
All apartments that we have in stock are located in Central Athens in residential areas very close to main tourist attractions, metro stations, coffee shops and usually minutes away from high streets. Typically, we invest in studio apartments to maximise the yield.
We have the following business model: we purchase apartment, fully renovate and furnish them, then we rent them out on short or long term basis and manage. We have strict commercial criteria when buying the properties so it can generate uninterrupted steady income for investors. Depending on the property location and features (garden, street access, number of people it can accommodate) we chose the optimal rent model: through Airbnb/Booking or for long-term. The only goal we pursue is to generate maximum ROI. After purchase, the buyer can choose themselves how they want to use/manage the apartment.
Every month we bring 3-4 new units to the market. Should the buyer wish to grow their rental portfolio, we are happy to help.
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