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Business for sale in Zografou, Athens, Greece, 3600 m² - photo 1
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Business for sale in Zografou, Athens, Greece, 3600 m²

ID: 173484
Price€11,000,000
TypeBusiness
Year built2008
Covered area3600 m²
Qualify for Residence Permit
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Environment

Business 3600 m² in Athens

There is provided for sale this wonderful building, a 5-star hospitality with minimal surcharges. An oasis of beauty, tranquility and pleasure.

Energy-saving & eco-friendly building with 24 apartments. A building with 24 flats with a total built area of 2000 m², with swimming pool on the terrace, 24 parking spaces, distributed in 2 underground levels, fitness center, private & communal gardens.

Flats range from 45 m2 to 115 m2 , with communal pool on the terrace overlooking the Acropolis, gym, caretaker at minimal cost (cleaning services, garden, swimming pool), no surcharges for central heating as apartments are heated with natural gas, individual air conditioning in all apartments, TV with 4 satellites, wireless data & phone networks and underground parking for cars, motorcycles and bicycles. Located just 30 metres away from the Karaiskaki Metro station (exit Diligianni), very close to the Larissis train station, just 10 minutes from the National highway and 25 minutes away from Piraeus port.

The building is located in Metaxourgio, a very clean and quite neighborhood, directly opposite to the Athens traffic police and at a distance of about 50 m from the Metaxourgio tube station, with a direct connection to the airport. The National Highway is 10 minutes away, while the Piraeus port is 25 minutes away
•A wide range of theaters, art galleries and restaurants can be found in this area
•The building comprises of 24 modern flats with a unique architectural character and a remarkable aesthetic design
•The flats vary in size and type ( from 45 m² to 115 m² )
•The building combines top quality construction with a variety of special amenities ( gardens, swimming pool, fitness center, warden, private underground parking spaces ) with a very low maintenance cost.

the building has ..
•Warden ( part time employment ).
He will take care of the building's cleaning, security and maintenance, along with the gardens, the swimming pool and the rest of the communal spaces of the building
•Swimming pool on the building's terrace, with led lighting and wi-fi, accessible only by the individual resident's card holders, offering spectacular views of the Acropolis
•Fitness center ( communal room ), accessible only by the individual resident's card holders, with wi-fi, equipped with treadmills – TV and other fitness machinery
•Gardens, cultivated with Greek plants
•Communal spaces with distinctive aesthetics, pieces of art and music system.
The communal space lighting have very low energy consumption as the electronic lights installed have long-life and low energy consumption ( led )
•Photovoltaic panels installation that will fund the energy consumption of the communal spaces which is already reduced by the use of electronic lighting
•A Well that will cover the demand in water from the swimming pool ( will be used after special filtering ), the gardens the building's cleaning, evidently reducing the cost of the water bills
•Individual balconies, of absolute privacy, with low, constant safety lighting during the night time
•Individual air-conditioning system for each flat ( with hot-cold function )
•Individual boiler for heating and hot water for each flat, using natural gas, known for being economical and offers a good quality, clean combustion. This way each owner will set independently the desired heating level and will control the heating cost, avoiding any communal heating expenses
•Electronic equipment, including alarm system, satellite TV ( 4 satellites ), phone and DATA network.

The purchase of this project will bring to the owner a stable annual income.

Extra Сosts when Buying Property

TRANSFER TAX
If the Building Licence was issued on or after 01/01/06 and the seller is a developer-contractor 24%
Otherwise 3.09%
OTHER FEES
Land Registry Fees 0.5% (+24% VAT)
Notary fees 1.5% (+24% VAT)

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Ongoing Ownership Costs

Water supply €60-250 p.a.
Heating €0.104 KW/h
Electricity €0.07 KW/h
Gas €140-400 p.a.
Telephone and Internet €180-600 p.a.
Expenditure on common areas €200-400 p.a.
Income tax return from €50 p.a.
SINGLE REAL ESTATE PROPERTY TAX (PRINCIPLE
For buildings €2-13€/m2 p.a.
For plots of land in settlements 3-9€/1000 m2 p.a.
For plots of land outside settlements 1€/1000 m2 p.a.
REAL ESTATE PROPERTY TAX (ADDITIONAL)
Price from 200,000 0.1%
Price from 250,000 0.15%
Price 300,000-400,000 0.3%
And so on

Additional Services Costs

Legal fee 1.5% (+24% VAT)
Real Estate Agent Fee 2% (+24% VAT)

Return on Investment

Property Price
Rental Cost
0%
  • Greece, AthensGreece, Athens
    Townhouse €590,000
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    • 5 rooms, 3 bath
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    Flat €2,550,000
    • Covered area: 294.17 m²
    • 5 rooms, 4 bath
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    Flat €2,150,000
    • Covered area: 250.54 m²
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