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Main / Property / Greece /

Hotel with guaranteed income

Greece, Athens
ID GRC53897
Object sold
Hotel with guaranteed income
€3,500,000

615 m² • €5 691 m²

Greece, Athens
615 m²
1–2 beds
1–2 bathrooms
ID GRC53897

Cost

Property cost €3,500,000
Price for m2 €5,691
Purchase taxes 3% НДС
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Distances

8km to the sea
31km to the airport
Infrastructure within a radius 100m

Yield and management

Yield 3.5—5%
Property management Yes

Description

For sale is a building located in the heart of Athens in the Pankrati area, among the main attractions, just 50 meters from the Panathenaic Stadium, which hosted the Olympic Games in 1896. The location allows residents to enjoy all that the area has to offer in the big city. The complex is surrounded by amenities and close to the city center, just 2 km from the majestic Acropolis. Location, elegance, services and value for money are some of the characteristics that make this unique project.

The project consists of 12 luxury furnished apartments with 1 and 2 bedrooms, located in a 9-storey building. On the last two floors there is a spacious duplex with a jacuzzi. The 4th floor offers an unobstructed view of the Acropolis. Each apartment is designed with the highest quality materials to offer maximum comfort combined with stylish design. The complex includes a gated entrance, a concierge desk, a gym with jacuzzi, an office area, a breakfast area and a cafe with an outdoor area in the yard.

A lease agreement is concluded for 20 years at 5% of annual income. The project can be purchased in its entirety for 3.5 million euros or only half of it for 1.75 million euros.

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Real estate

Object type Hotel, Duplex
Object category New house
Object stage Construction
Permits On hand
Object completion date 2021
Design features Ownership
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Characteristics

Total area 615 m²
Number of storeys 9
Floor 1, 2, 3, 4, 5, 6, 7, 8, 9
Land area 125 m²
Bedrooms 1–2
Baths 1–2
Parking Yes
Repair Standard
Furniture Furnished
View mountain, city, plot
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Equipment

Properties

Elevator
Balcony
Сovered deck
Open deck
Concierge desk
SPA
Gym
Semi-basement floor
Internet
TV

Location

Object sold
€3,500,000

615 m² • €5 691 m²

Zlata Erlach investment
programs expert
Greece Golden Visa

Real estate is eligible to participate in the program and obtain a residence permit in Greece.

Immigrant Invest is the official representative of the program.

€250,000+ Investment amount
6 months Obtaining period
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Schedule a meeting

Let’s discuss the details

Schedule a meeting at one of the offices or online. A lawyer will analyze the situation, calculate the cost and help you find a solution based on your goals.

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