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Commercial property for sale in Thessaloniki, Salonika, Greece, 450 m²

Commercial property for sale in Thessaloniki, Salonika, Greece, 450 m² - photo 1
Commercial property for sale in Thessaloniki, Salonika, Greece, 450 m² - photo 2
Commercial property for sale in Thessaloniki, Salonika, Greece, 450 m² - photo 3
Price€650,000
TypeCommercial property
Covered area450 m²
Land area270 m²
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Environment

Description

A listed, preserved building, located in the center of Thessaloniki, of a total area of 450 sqm is for sale. The building consists of: - A ground floor store of 80 sqm.- An apartment of 80 sqm, on the upper floor.- An apartment of 80 sqm, on the first floor.- An apartment of 80 sqm, on the second floor. The remaining square meters are the common areas of the building.The property needs total renovation and can be divided into small studios,or be transformed into a small boutique hotel.According to the building coefficient, another 550 sq.m. can be built on the plot.

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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