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Apartment for sale which consists of an entrance hall, 2 bedrooms (the living room has been converted into a bedroom for airbnb/booking needs), independent kitchen with electrical appliances, bathroom with shower, loft of 5sqm within the apartment. It is sunny and bright, it is inside but has a spacious terrace of 10sqm with panoramic views.
The apartment is completely reconstructed with quality materials in 2020 and with the highest aesthetic and technical specifications, including new plumbing and electrical installations, as well as fully furnished with modern contemporary decoration. Additional features include: 2 king size beds, 2 air conditioners, induction hobs, modern electrical equipment, wooden floors, aluminium frames, screens, armoured entrance door, lift, awnings, double glazing, electric water heater, internet infrastructure with Fiber speeds, veranda, front and rear communal garden, dimmer lights, gas central heating.
It is located in the Athenian Riviera, in Paleo Faliro (Panagitsa), in an area of increasing value and demand due to its proximity to the Elliniko project. Close to Flisvos, beach and market. It is 190m. from the tram stop “Mouson“, 270m. (3 minutes walk) from Bati beach, 120m. from the church Panagitsa and 300m. from the Eden playground. In a very close distance there are: tennis court, children‘s playground, Alterlife gym, 2 supermarkets and 2 pharmacies.
The property is leased on a short term lease with annual income 10. 2020-9. 2021: 13. 665€, in a sluggish period for tourism due to Covid-19.
– Revenue in August 2021: 1. 588,95€.
– Revenue in October 2021: 1. 552,34€
– The yield of the property in the Covid-19 (quarantine) period was 8%.
– All financial data of the property are provided through the accounting department of the management company.
– Ideal for obtaining a Golden Visa
– Ability to continue the short-term lease with the clientele and excellent reviews.
– Possibility to use one bedroom as a living room and rent it out on a long term lease.
– Constantly increasing property value due to the Hellenic project in the coming years.
www. zadeshome. com
Responsible Partner: xenophon Zades