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Mercury Group
For sale: commerce property in Greece, Athens
- Greece, Athens, Kallithea Athens
Sold
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Property description
ID: GR-35-86509
- Greece, Athens, Kallithea Athens
Object type
Commerce property
Year built
2002
Land area
880 m2
Area
2300 m2
Category
For sale
Price per m2
€ 3 696
Price
€ 8 500 000
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The six-storey building is located in the district of Voula, one of the most comfortable, beautiful and prestigious areas of Athens and Greece in general. Construction of private homes and businesses in the region began in the 60s of last century, was put into operation around the international airport of the capital.Southern suburbs favorably to the industrial areas of Athens, an abundance of greenery and overall well-maintained, beautiful wide promenade and long daylight hours due to the orientation to the west. This property has a great central location and is a good investment option, due to the fact that at the moment all 6 offices are rented andbring the owner a guaranteed income.Our experts have estimated an annual profitability rate on that particular project in the proximity of 2,07%from its lease. For the sake of highest possible accuracy in our calculations, we have taken into account the costs of acquisition as well as registration processes of the property in addition to legal costs and tax induced on the transfer of the property. Finally, the cost of obtaining an averageguaranteedrent of27.500eurosper month has also been deducted.
Basic parameters:
Year built:
2002
Floor:
-
Furnished:
Yes
Distances:
Distance to airport: 22 km
Distance to the sea: 0 km
Residence permit could be obtained through the property purchase. Leave your request in order to get more information about Residence Permit.
- Greece, Athens, Kallithea Athens
Object type
Commerce property
Year built
2002
Land area
880 m2
Area
2300 m2
Category
For sale
Price per m2
€ 3 696
Price
€ 8 500 000
Currency calculator
From
To
What you should know, purchasing a property in Greece
Buy vs Rent Calculator
To help you decide whether it's better to rent or buy a home, this calculator compares the costs associated with buying a property to your equivalent rental costs. This calculator will also help to investors to preliminary calculate the
return on investment and capitalization from sale of real estate.
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* After 1 year you check out and loose 0 EUR
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
Loan left (without loan %):
0 €
Total property cost:
0 €
