ID#Greece020
4 photo
Athens, Greece

ID#Greece020

532 000

«Approved Investment» VelesClub Int. — the complex is located in the Agia Paraskevi area, in the north of Athens. This is a popular area among Greeks and foreigners: developed transport infrastructure, cafes, shops and restaurants. Agia Paraskevi Square, the centerpiece of the area with street cafes and a park, is a 10-minute walk from the house. A street with many restaurants and shops leads off from it. A significant advantage of the area is the presence of many schools and kindergartens. The project includes a major renovation of the building with the replacement of all communications, replacement of the elevator, redevelopment of the premises, renovation of the facade, entrance lobby and landscaping of the courtyard. There is surface parking on the site. The cost of a parking space is included in the purchase price. The project offers 22 comfortable apartments, which are rented fully furnished. Each apartment has kitchen furniture and individual gas heating. At the investor's request, the apartment can be furnished and landscaped. One of the main advantages of this complex is the opportunity to hand over the apartments to the management of a specialized management company, which will take on all the worries of working with tenants. This means that apartment owners can receive a stable income from renting their property.
Supermarket – 100 m
Metro – 1.5 km
Athens center – 30 min by transport
Airport – min on transport


VelesClub Int. residents have special prices, individual forms of payment and installment payments.
*The analysis was carried out within the framework of an individual investment model to achieve maximum profitability for the period specified in the characteristics. For a full analysis or free consultation, contact our experts.

The main characteristics of the object

Commissioning 12/23
Entry point 532k €
Projected price growth 8/5% year
Rental yield 4% year
Exit point 696k €
Total lots 22
Square 161
Layout 2+1
The current lease agreement no
Analysis Period ➠➠➠ 12/25*

Social infrastructure of the facility

Elevator
Management Company
Parking
Landscaped yard
4 photo
Posted 29.10.2023

ID#Greece020 / On the map

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Investment projects
VELES OTOMOTİV İTHALAT İHRACAT İNŞAAT SANAYİ VE TİCARET LİMİTED ŞİRKETİ

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