OVERVIEW

There is provided for sale a piece of real estate 110 sq.m. in the eastern Athens (Municipality Peristeri).

Currenty the unit is rented and is used as a cafe.

There is also an opportunity to obtain 3-leveled building (cost 850.000 euro). 

On the second and third floors there are two appartments of 120 sq.m. and 110 sq.m. Each appartment consists of 3 bedrooms, hall with kitchen and shower room.

The proposed investment project provides an opportunity to earn income in the amount of 2,17% per annum of the lease. When calculating the profitability were fully taken into account all the costs of the acquisition and registration of real estate (including legal costs and tax on transfer of property), as well as obtaining the average cost of rent in the amount of 600 euro. 

CHARACTERISTICS: