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Business for sale in Lagonisi, Athens, Greece, 480 m² - photo 1
Business for sale in Lagonisi, Athens, Greece, 480 m² - photo 2
Business for sale in Lagonisi, Athens, Greece, 480 m² - photo 3
Business for sale in Lagonisi, Athens, Greece, 480 m² - photo 4
Business for sale in Lagonisi, Athens, Greece, 480 m² - photo 5
Business for sale in Lagonisi, Athens, Greece, 480 m² - photo 6
Business for sale in Lagonisi, Athens, Greece, 480 m² - photo 7
Business for sale in Lagonisi, Athens, Greece, 480 m² - photo 8
Business for sale in Lagonisi, Athens, Greece, 480 m² - photo 9

Business for sale in Lagonisi, Athens, Greece, 480 m²

ID: 248441
Price€1,800,000
TypeBusiness
Covered area480 m²
Qualify for Residence Permit
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Environment

Sale - Business 480 m² in Athens

There is offered a unique object for sale in the elite district of Kolonaki

Restaurant - bar with a total area of ​​480 square meters has a corner location in the most central street of the prestigious area

Kolonaki (Greek Κολωνάκι) is an area in the center of Athens, located to the south and west of the Likavit hill. From the west, Kolonaki is bordered by the University Avenue (λεωφόρος Πανεπιστημίου), from the south and east - by the Avenue of the King of Constantine (λεωφόρος Βασιλέως Κωνσταντίνου) and the Queen Sofia (λεωφόρος Βασιλίσσης Σοφίας). The extreme north-eastern point of the district is the Athenian concert hall Megaron. Kolonaki got its name from the square with the same name, on which there is an old marble column 2 m high and 30 cm in diameter. In the Middle Ages, local people installed such monuments on the site of the spent rituals for getting rid of epidemics of diseases and other disasters.

In the 19-20 centuries, the proximity of the Royal Palace (in which the Greek Parliament later occupied) facilitated the settlement of the area by representatives of the upper strata of the population. Kolonaki has turned into the most fashionable area of ​​Athens, full of fashion boutiques, jewelry shops and expensive restaurants. The main shopping street Vukurestiu (Bucharest) was named in honor of the Bucharest Peace Treaty of 1913, under the terms of which Greece and Epirus and Macedonia crossed over.

In Kolonaki there are the Benaki Museum, located in the neoclassical Gulandris Manor, the Museum of Cycladic Art, the Museum of the History of Greek Costume, the Theatrical Museum. On the Avenue of Queen Sofia there are the Byzantine and Christian Museum, the Military Museum, the Athenian concert hall Megaron, and the metro stations Evangelismos and Megaro Musikis

From the leasing of this object the owner can receive a stable and high 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%
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