Apartments after renovation with yield, Athens, Greece

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Greece, Athens
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162 m²
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2 Bedrooms
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2 Baths
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ID GR232101

from €600,000

162 m² • from €3,703.7 m²
Elena Kozyrevaexpert of the Greece residence permit program for investment
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Greece Golden Visa

€250,000+6 months

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

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Cost

Property cost

€600,000 — €629,000

Price for m²

€3,703.7 — €3,882.72

Distances

Sea 16 km
Infrastructure 500 m
Airport 22 km

Yield and management

Yield

3-5%

Property management

Yes

We will help you sell the object if you decide to exit the investment

Description

For sale are apartments after renovation in the prestigious residential area of Agia Paraskevi in the north of Athens. This is a well-groomed prosperous area with a developed infrastructure, where both Greeks and expats love to settle. The main advantages of the area are the lack of tourists, good neighbors, clean streets. And it is also believed that the climate in the North of Athens is more comfortable due to the proximity of the mountains (it is cooler here in summer). 

The headquarters of the Greek Broadcasting Corporation is also located here. A 10-minute walk from the house Agia Paraskevi Square is the center of the area with many cafes, restaurants, shops and parks. The nearest supermarket is only 100 meters away. There are 3 metro stations within a radius of 1.5 km from the house. The center of Athens can be reached in 30 minutes. The road to the airport by car takes 20 minutes. Renovation involves a major overhaul with the replacement of all communications, redevelopment of premises and landscaping of the courtyard. There will be a parking space next to the house. Apartments are rented with a fine finish, plumbing and kitchen. 2 year repair warranty. At the request of the investor, it is possible to fully furnish the apartment and find a tenant. The amount of the surcharge will be an average of 7-12 thousand euros, depending on the area. 

Amenities and Benefits:

  • Parking places
  • Thermally insulated aluminum frames
  • Hot water supply
  • Elevator
  • Individual gas heating
  • Patios, balconies and terrace
  • Kitchen furniture
  • Thermal insulation of external walls

For sale:

  • Package of two apartments with 2 bedrooms, 600 000 €, 78 sq. m. and 84 sq. m.
  • Package of two apartments with 2 bedrooms, 629 000 €, 78 sq. m. and 84 sq. m.

This object is applicable for 500 000€ investment option.

Real estate

Object type

Apartments

Object category

Renovation

Object stage

Ready

Permits

Yes

Object completion date

4Q 2023

Design features

Ownership

Characteristics

Total area

162 m²

Number of storeys

6

Bedrooms

2

Baths

2

Parking

Yes

Renovation

Standard

Furniture

Additionally

View

City

Equipment

Central conditioning

Properties

Elevator
Balcony
Roof garden
Garden on the plot
Internet
TV

Location