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Commercial property for sale in Kifissia, Athens, Greece, 30 m²

Commercial property for sale in Kifissia, Athens, Greece, 30 m² - photo 1
Commercial property for sale in Kifissia, Athens, Greece, 30 m² - photo 2
Price€385,000
TypeCommercial property
Covered area30 m²
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Environment

Description

There is offered for sale a ground floor commercial space of total area 30 sq.m in the elite neighborhood of Kifisia Kifissia Kifissia is one of the most important, from the point of view of the economy, region. Here are the largest shops and shopping centers, restaurants and entertainment complexes. An ideal choice for those who prefer cosmopolitan areas,here are the most famous private and international schools (including kindergartens) such as St. Catherine’s British Embassy school, Campion British school, ISA, Melina’s Kindergarden, ACS,Lycee Francais and Deutsche Schule Aten. The area is well-known for its commercial market, the perfect layout, the unique architecture of the houses and shops, the imposing turrets and the love of its inhabitants for floriculture. The shopping center is covered by an extensive network of pedestrian and bicycle paths The property is leased for already many years as ajewelry shop. The current rent amounts to1.600 euro per month / 19.200 euro yearly The purchasing of this property is considered as a safe investment and due to the ideal location it will be always bringing to its owner high and stable income from the rent

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
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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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