Hotel with guaranteed income

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Greece, Athens
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37 m² — 84 m²
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1—2 Bedrooms
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1—2 Baths
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ID GR24670

€290,000 — €600,000

37 m² • €7,142.86+ m²
Property sold
This property is sold, but we will help you find another one
Elena KozyrevaExpert on real estate and residence permit by investment in Greece
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Greece Golden Visa

€250,000+4+ months

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

Learn more

Cost

Property cost

€290,000 — €600,000

Price for m²

€7,142.86 — €7,837.84

Purchase taxes

3% VAT

Distances

Sea 8 km
Infrastructure 100 m
Airport 31 km

Yield and management

Yield

3.5-5%

Property management

Yes

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

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 only in half for 2 million euros.
Option is 500 000€.

Real estate

Object type

Hotel complex, Hotel, Duplex

Object category

New

Object stage

Construction

Permits

Yes

Object completion date

6 month after signing the contract

Design features

Ownership

Characteristics

Total area

37 m² — 84 m²

Plot area

125 m²

Number of storeys

9

Bedrooms

1—2

Baths

1—2

Parking

Yes

Renovation

Standard

Furniture

Furnished

View

Mountain, City, Plot

Properties

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