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Commercial building 1265 m², Kerameikos

Athens, Kerameikos, GreeceID-GR68585Updated November 6

  • 1265 m²Area
  • 1975Year built
  • Commercial propertyType

About this property

A commercial building from 1975 in the Kerameikos area of Athens, close to the metro station. Total area 1265 m²: basement 282 m², ground floor 211 m², mezzanine 85 m² and three upper floors of 229 m² each. The price is €2,300,000. The images are BRIDGES visualisations of how the building could look after reconstruction. Details and documents are verified before the viewing.

Property code
ID-GR68585
Property price
€2,300,000
Price per m²
€1,818
Area
1265 m²
Year built
1975
Status
Ready for a deal
Location
Greece, Athens, Kerameikos
Address
Disclosed at the deal stage

What it will really cost

The price of the property€2,300,000
The taxes and state fees on the transactionthe main part of the cost€110,400 - €165,600
The notary, the registration, the translations€27,600 - €41,400
The legal check and the legal work€46,000 - €69,000
Estimated total€2,484,000 - €2,576,000

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.

Net yield3.6%
Gross yield4.5%
Rent per year€103,800
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.

Agreements and materials

Location

Athens, Kerameikos, Greece

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

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