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Commercial building 2050 m² with Acropolis views, Kolonos

Athens, Kolonos, GreeceID-GR01735Updated November 5

  • 2050 m²Area
  • 1992Year built
  • Commercial propertyType

About this property

A commercial building from 1992 in Kolonos, near the Academy of Plato in central Athens. Total area 2050 m²: ground floor 300 m², mezzanine 350 m² and four floors of 350 m² each. The building has a lift and 10 parking spaces, and the third and fourth floors look out to the Acropolis. The price is €2,150,000. The images are BRIDGES visualisations of how the building could look after reconstruction. Details and documents are verified before the viewing.

Property code
ID-GR01735
Property price
€2,150,000
Price per m²
€1,049
Area
2050 m²
Year built
1992
Status
Ready for a deal
Location
Greece, Athens, Kolonos
Address
Disclosed at the deal stage

What it will really cost

The price of the property€2,150,000
The taxes and state fees on the transactionthe main part of the cost€103,200 - €154,800
The notary, the registration, the translations€25,800 - €38,700
The legal check and the legal work€43,000 - €64,500
Estimated total€2,322,000 - €2,408,000

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€96,600
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, Kolonos, Greece

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

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