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Rental property for sale in Athens, Greece, 380 m²

Rental property for sale in Athens, Greece, 380 m² - photo 1
Price€990,000
TypeRental property
Covered area380 m²
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Building in Koukaki-Makrigianni Area in The Center of Athens

Building area – 380 sq.m.
Levels – 5
Apartments – 6

DESCRIPTION

The building is located in one of the central areas of the city of Athens, called Koukaki-Makrigianni. It consists of 6 apartments. The building is located in close proximity to the entertainment and shopping centers of the city. It offers easy access through various means of public transport, as well as within walking distance of major attractions. Under renovation.

• Apartment 1 – 45 sq.m.
• Apartment 2 – 40 sq.m.
• Apartment 3 – 57 sq.m.
• Apartment 4 – 45 sq.m.
• Apartment 5 – 60 sq.m.
• Apartment 6 – 46 sq.m.

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%
Helga
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