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Business for sale in Epano Elounta, Lasithi, Greece, 384 m² - photo 1
Business for sale in Epano Elounta, Lasithi, Greece, 384 m² - photo 2
Business for sale in Epano Elounta, Lasithi, Greece, 384 m² - photo 3
Business for sale in Epano Elounta, Lasithi, Greece, 384 m² - photo 4
Business for sale in Epano Elounta, Lasithi, Greece, 384 m² - photo 5
Business for sale in Epano Elounta, Lasithi, Greece, 384 m² - photo 6
Business for sale in Epano Elounta, Lasithi, Greece, 384 m² - photo 7
Business for sale in Epano Elounta, Lasithi, Greece, 384 m² - photo 8
Business for sale in Epano Elounta, Lasithi, Greece, 384 m² - photo 9
Business for sale in Epano Elounta, Lasithi, Greece, 384 m² - photo 10
Business for sale in Epano Elounta, Lasithi, Greece, 384 m² - photo 11
Business for sale in Epano Elounta, Lasithi, Greece, 384 m² - photo 12

Business for sale in Epano Elounta, Lasithi, Greece, 384 m²

ID: 278618
Price€3,200,000
TypeBusiness
Year built2010
Covered area384 m²
Land area1700 m²
Qualify for Residence Permit
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Environment

Description

For sale a business with rented villas in the famous area of Elounda.In total there are 4 villas (3 of which are 96 m2 each with 350 m2 land plot) and another one 96 m2 with 650 m2 land plot.All villas are fully equipped with all furniture and electrical appliances.Each villa has a separate swimming pool with a breathtaking view of the sea and Elounda bay.Steadily high income.

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%
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