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Flat for sale in Agios Nikolaos, Lasithi, Greece, 113 m²

Flat for sale in Agios Nikolaos, Lasithi, Greece, 113 m² - photo 1
Flat for sale in Agios Nikolaos, Lasithi, Greece, 113 m² - photo 2
Flat for sale in Agios Nikolaos, Lasithi, Greece, 113 m² - photo 3
Flat for sale in Agios Nikolaos, Lasithi, Greece, 113 m² - photo 4
Flat for sale in Agios Nikolaos, Lasithi, Greece, 113 m² - photo 5
Flat for sale in Agios Nikolaos, Lasithi, Greece, 113 m² - photo 6
Flat for sale in Agios Nikolaos, Lasithi, Greece, 113 m² - photo 7
Flat for sale in Agios Nikolaos, Lasithi, Greece, 113 m² - photo 8
Flat for sale in Agios Nikolaos, Lasithi, Greece, 113 m² - photo 9
Flat for sale in Agios Nikolaos, Lasithi, Greece, 113 m² - photo 10
Flat for sale in Agios Nikolaos, Lasithi, Greece, 113 m² - photo 11
Flat for sale in Agios Nikolaos, Lasithi, Greece, 113 m² - photo 12
Flat for sale in Agios Nikolaos, Lasithi, Greece, 113 m² - photo 13
Flat for sale in Agios Nikolaos, Lasithi, Greece, 113 m² - photo 14
Flat for sale in Agios Nikolaos, Lasithi, Greece, 113 m² - photo 15
Flat for sale in Agios Nikolaos, Lasithi, Greece, 113 m² - photo 16
Flat for sale in Agios Nikolaos, Lasithi, Greece, 113 m² - photo 17
Flat for sale in Agios Nikolaos, Lasithi, Greece, 113 m² - photo 18
Flat for sale in Agios Nikolaos, Lasithi, Greece, 113 m² - photo 19
Flat for sale in Agios Nikolaos, Lasithi, Greece, 113 m² - photo 20
Price€175,000
TypeFlat
Covered area113 m²
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Environment

Description

For sale two apartments of 65 & 48 sq.m. in a central location of Agios Nikolaos city. The apartments are located on the first floor and each one of them consists of 2 bedrooms, kitchen, living room and a bathroom. Both apartments need renovation so they can be either used for rent to local citizens all over the year, or for partial renting only for the touristic season which is very profitable. A very good investment in the city center and only 160m from the beach. The 65 sq. meters apartment can be rented for approximately 300€/month. The 48 sq. meters apartment can be rented for approximately 250€/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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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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