| TRANSFER TAX | 3.09% | |
|---|---|---|
| OTHER FEES | |
|---|---|
| Land Registry Fees | 0.5% |
| Notary fees | 1.5% (+24% VAT) |
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Hotel for sale in Euboea, Greece, 600 m²
Description
The hotel is situated in the North of Evia, between the villages of Limni and Suplada. At the moment it functions as a tourist unit rental apartment with a capacity of 40 beds. It can be easily converted into a 6-8 townhouses with an area of about 80 m2 each. The complex consists of two sections. One section of 1300 m2 is located directly on the seafront and has a pool, bar, kitchen and restaurant. The second section is the living quarters. The territory is decorated with landscaped gardens and olive grove. The complex was completed in 1993 and underwent renovation in 2000. At the moment, is constantly maintained in good condition. Has a license from the Greek Tourist Organization. The hotel is equipped with Autonomous heating, Parking, air-conditioning, alarm, awnings, double glazed Windows, mosquito nets and solar water heater.
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€1 639 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%
- Covered area: 850 m²
- Covered area: 900 m²
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