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Building 688 m², centre

Athens, centre, GreeceID-GR96601Updated October 25

  • 688 m²Area
  • 1985Year built
  • Commercial propertyType

About this property

Building of 688 m² in Athens, centre, built in 1985. A partner-listed property for reconstruction or repurposing: documents and details are verified before the viewing. The second photo in the gallery is a BRIDGES visualisation of how the building could look after restoration.

Property code
ID-GR96601
Property price
€1,170,000
Price per m²
€1,701
Area
688 m²
Year built
1985
Status
Ready for a deal
Location
Greece, Athens, centre
Address
Disclosed at the deal stage

What it will really cost

The price of the property€1,170,000
The taxes and state fees on the transactionthe main part of the cost€56,160 - €84,240
The notary, the registration, the translations€14,040 - €21,060
The legal check and the legal work€23,400 - €35,100
Estimated total€1,263,600 - €1,310,400

An estimate by the market range. We count the exact sum for this property before the deposit.

How the price compares

See how this price compares

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Calculated on this property price

Rental yield

Long-term rental market in the country: 4-5.5% a year before costs.

A Golden Visa property can only be let long term: short-term holiday letting of such properties is prohibited by law.

Net yield3.6%
Gross yield4.5%
Rent per year€52,800
Payback≈ 28 years

An estimate, not a promise of income. Tax on rental income depends on your country of tax residence and is not included. We give the rent for this property after the checks, marking what is fact and what is forecast.

Residency through the purchase

Program
Greek permanent residency
Family
A PR card for the family: spouse, children and parents of both sides
Residence
No residence in Greece required - the card is valid while you own the property
Travel
Free movement across the Schengen area
This property
A building for reconstruction or repurposing: BRIDGES buys and restores such properties together with investors. Details and documents are verified before the viewing
How the program works →

Agreements and materials

Location

Athens, centre, Greece

The map shows the area. The exact address is given at the deal stage.

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Property due diligenceTitle, encumbrances, permits and the seller - in a written report.Purchase costs guideTaxes, notary and fees on top of the price, by country.

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