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Business for sale in Elliniko, Athens, Greece, 4606 m² - photo 1
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Business for sale in Elliniko, Athens, Greece, 4606 m²

ID: 280218
Price€4,500,000
TypeBusiness
Covered area4606 m²
Qualify for Residence Permit
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Environment

Description

For sale is a six-story residential - commercial building of 4.606 sq.m. in the center of Athens. The building consists of:Three basementspaces with a common area of 1.950 sq.m.Commercial spaces on the first floor of 1.270 sq.m.On the first floor, there are 4 apartments - (85 sq.m) (58 sq.m) (77 sq.m) and (74 sq.m.) - common area of the floor is 294 sq.m.On the second floor, there are 4 apartments - (85 sq.m.) (58 sq.m.) (77 sq.m.) and (74 sq.m.) - common area of the floor is 294 sq.m.On the third floor, there are 4 apartments - (85 sq.m) (58 sq.m) (77 sq.m) and (74 sq.m) -a common area of floor is 294 sq.m.On the forth floor, there are 4 apartments - (85 sq.m) (58 sq.m) (77 sq.m) and (74 sq.m) - common area of the floor 294 sq.m.On the fifthfloor, there are 2 apartments - (100 sq.m) and (110 sq.m.) - common area of the floor is 210 sq.m. On the basementfloor, there are also 36 parking spaces. The building is located on one of the central streets of the center of Athens.

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
7 765 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%
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