Commercial property 320 m² in Thessaloniki, Greece

Greece
Archive cost €520,000
Sold or out of date
Updated at: 14/10/2021

Location

Country: Greece
Region: Thessaloniki

Property parameters

Total area: 320 m²

Description

Business area for sale 320 square meters.m., consisting of 7 apartments, located in 5. and 6. floor of a building in the center of Thessaloniki. Monthly rentals range from 150 euros to 350 euros. The building has 5 parking spaces, of which 3 are for rent. This complex is highly sought after because the location is very convenient, just 600 meters from the universities. Therefore, buying this headquarters is a profitable investment. In calculating profitability, all costs of purchasing and registering real estate (including legal costs and property transfer tax) were fully taken into account, as well as obtaining guaranteed rental costs of EUR 2,290. The minimum net profit per year will be 22,278 euros. Installation cost 410,000 Registration costs 40549 Investment amount 450549 Rental (monthly) 2290 Rental income 27480 Property tax 1080 Rental income tax 4122 Net profit per year 22278 Annually 4.94%

Features

  • Parking

Location

Greece