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Business for sale in Zografou, Athens, Greece, 457 m² - photo 1

Business for sale in Zografou, Athens, Greece, 457 m²

ID: 177705
Price€1,070,000
TypeBusiness
Covered area457 m²
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Environment

Business 457 m² in Athens

Offered for sale four-storey commercial building,with an area of 457 sq. m.
First floor-97sq.m-currently rented for a shop.
Second floor-92кв.m.
Third floor-75 sq.m.
Fourth floor-66кв.m.

The acquisition of this object can bring the owner high,stable annual income.

The building is located in the Athens area.

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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Interest Rate
1 846 per month
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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%
Paula
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