Investment 54 m² in Athens, Greece

Greece, Municipality of Athens, Athens
Archive cost €130,000
Sold or out of date
Updated at: 08/05/2023

Location

Country: Greece
State: Attica
Region: Regional Unit of Central Athens
City: Municipality of Athens
Address: Iasonos

Building parameters

The year of construction: 2018
Number of floors: 4

Property parameters

Rooms 1
Total area: 54 m²

Investment params

Yield per year: 5 0

Description

HOTEL ROOM - ANNUAL RETURN 4,5% - NO MAINTENANCE FEES
L.D401: Loft apartment with a total area of 108 m2 gross and 54 m2 net. This hotel apartment has all the modern amenities and infrastructure. It consists of an open plan living room-bedroom and 1 bathroom and provides the necessary comfort and space to guests. With modern floors, modern furniture, double thermal insulation windows, fitted wardrobes, fully furnished bathroom and security hotel door is a modern and comfortable investment apartment. The future owner after purchase will immediately start collecting rents for a period of 10 years.

LEONIDOU SUITES – DESCRIPTIONS
Our project “Leonidou Suits” is sited in the area of Metaxourgheio/Gazi. Both for locals and for tourists this area is a point of reference when you talk about Athens. Apart from the fact that we are talking about the traditional center of Athens, with whatever this could include; a heartbeat away from everything ... market, all kind of shops, metro stations, main streets, bus stops, parks, archeological sites, museums, sights and whatever one may think or need. We are also talking about a very historic area that was the core of action of the ancient Athenian citizens and for this reason we have many archaeological finds in the area.
Coming to today and to the modern image of the area, Metaxourgeio is the definition of the alternative, mix ‘n’ match district. It is inhabited by people of every financial background who declare themselves as city-center lovers and of course attracts the majority of tourists who come to Athens. It is the area that everyone chooses for their night-out as it is full of restaurants of all kinds(traditional, haute cuisine), countless cafes, alternative entertainment places and in fact it is where everyone who deals with the catering sector chooses to be active.
Vitruvius Investments, evaluating the dynamics of the area and the very central role that plays in the tourism industry decided to build there a boutique hotel consisting of 21 rooms. Τhe owner of each room has the opportunity, by buying it, to participate in a very ambitious investment project for the following reasons:
1. buys something that will immediately give back a profit (the whole hotel is operated as a whole by one of the largest hotel companies in Greece that runs it in the best way -as experts in the field- and pay rent all year round to room owners without asking them to contribute financially to anything)

2. since your property is part of such a vibrant and profitable project that follows the orders of the market and in fact in the field of tourism that is and will always be at the forefront of the Greek economy, it is a given that its commercial value will have upward trend and can easily be resold at a much higher price.
 

Features

  • Furnitured
  • Double-glazed windows
  • Household appliances
  • Air conditioner
  • Elevator
  • Balcony

Location

Greece, Municipality of Athens, Athens