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Business for sale in Zografou, Athens, Greece, 2221 m²

Business for sale in Zografou, Athens, Greece, 2221 m² - photo 1
Business for sale in Zografou, Athens, Greece, 2221 m² - photo 2
Business for sale in Zografou, Athens, Greece, 2221 m² - photo 3
Business for sale in Zografou, Athens, Greece, 2221 m² - photo 4
Business for sale in Zografou, Athens, Greece, 2221 m² - photo 5
Price€2,350,000
TypeBusiness
Year built2002
Covered area2221 m²
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Environment

Description

There is offered for sale a commercial building in the center of Athens ( Ampelokipoi area ) The neighborhood where is the mix-used property (offices - shops - garagе ) of total size 2.220 sq.m located, is served by 3 metro stations as Ampelokipoi ( 1 klm ) Panormou ( 0,75 klm ) and Katexaki ( 0,85 klm ) In the very close distance are located the biggest private - government and military hospitals, big hotels like the President, restaurants and all the necessary infrastructure The building consists of : Basement - 2 223,26 sq.m Basement - 1 153,02 sq.m Ground floor 152,43 sq.m Semi floor 152,43 sq.m 1st floor 229,84 sq.m 2nd floor 229,84 sq.m 3rd floor 229,84 sq.m 4rth floor 223,40 sq.m 5th floor 215,08 sq.m 6th floor 199,69 sq.m 7nth floor 180,09 sq.m Terrace 22 sq.m Currently, the whole building is rented and the yearly rental income is 168.000 e

Extra Сosts when Buying Property

TRANSFER TAX3.09%
OTHER FEES
Land Registry Fees 0.5%
Notary fees 1.5% (+24% VAT)

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Interest Rate
4 055 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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