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Commercial property for sale in Athens, Greece, 539 m²

Commercial property for sale in Athens, Greece, 539 m² - photo 1
Commercial property for sale in Athens, Greece, 539 m² - photo 2
Commercial property for sale in Athens, Greece, 539 m² - photo 3
Price€950,000
TypeCommercial property
Covered area539 m²
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For sale retail store of 539 m2 in Athens

For sale retail store of 539 m2 in Athens. This 2-storey store is located on the basement and ground floor. The basement is intended to be spa services, while the ground floor café-bar. This building is located on the central part of the city of Athens, only 350 meters away from the metro station ‘Metaxourgio’.
There is offered for sale a commercial space of 539 m2 part of a 6-storey building ( hotel of 21 rooms ) which is located in the central part of the city of Athens, 300 meters from the metro station (Metaksourgeio).
A lively and very functional area, you can easily reach the historical center, to the sea and to anywhere in the city.
The Metaxourgeio is the area of Athens between Psiri, Omonia and the Larissa Train Station. The area took its name from the Silk Manufacture factory that had been worked here until 1875 (Metaksi means silk in the Greek language). In the middle of the last century, when the fast economic development took its place in Athens, the Metaksourgeio has become a commercial and cultural heart of the capital of Greece.
Price 950.000 euro.
Rent 3.500 euro per month

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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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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