a
Print
version

500 000 €

Commercial apartment building in Lasithi, Greece, 270 sq.m
  • Commercial apartment building in Lasithi, Greece, 270 sq.m - picture 1
1/10
  • Commercial apartment building in Lasithi, Greece, 270 sq.m - picture 1
  • Commercial apartment building in Lasithi, Greece, 270 sq.m - picture 2
  • Commercial apartment building in Lasithi, Greece, 270 sq.m - picture 3
  • Commercial apartment building in Lasithi, Greece, 270 sq.m - picture 4
  • Commercial apartment building in Lasithi, Greece, 270 sq.m - picture 5
  • Commercial apartment building in Lasithi, Greece, 270 sq.m - picture 6
  • Commercial apartment building in Lasithi, Greece, 270 sq.m - picture 7
  • Commercial apartment building in Lasithi, Greece, 270 sq.m - picture 8
  • Commercial apartment building in Lasithi, Greece, 270 sq.m - picture 9
  • Commercial apartment building in Lasithi, Greece, 270 sq.m - picture 10
  • Property ID on Prian.info: 3807835
    Last update: 19.04.2024
    Number of views: 1072

500 000 €

Commercial apartment building in Lasithi, Greece, 270 sq.m

270 sq.m 6.8% per year
Residence Online Viewing Remote Transaction

  • Property ID on Prian.info: 3807835
    Last update: 19.04.2024
    Number of views: 1072

Specifications

Sale price 500 000 €
Price per square meter 1 851.87 €
Floor area 270 sq.m
Construction phase Resale
Number of storeys 3
Floor 3
Address Greece, Lasithi
Location at the seaside, in suburbs
to the airport 79 kilometers
to the beach 400 meters

Additional services

  • Residence permit upon purchase
  • Online viewing is available
  • Opportunity of a remote transaction

Finance

Profitability
Annual return 6.8 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%

Annual income 50 400 €

Annual rental revenue, excluding operating expenses

Business expenses
Not included in the price

Description

AN INVESTMENT PROJECT!

Area - 270 m2

The area of the plot is 500 m2

The year of construction was 1990.

The year of repair is 2016

The breakup. from the sea - 400 m

The breakup. the airport is 70 km away

Type of heating - electric

Parking - ✓

Swimming pool - ✓

Fireplace - ✓

Storeroom - ✓

A 270 sq.m business for sale in Lassithi Prefecture. The business consists of five apartments with a swimming pool. Four apartments of 37 sq.m each, located on the first and second floors and one large apartment of 85 sq.m with a fireplace on the third floor.
And also, there is a reception building, parking spaces, a garden, a barbecue area and so on.
All apartments are furnished and equipped with household appliances with air conditioning and solar panels.

The cost before the discount is 550.000 euros
The cost after the discount is 500,000 euros

Net price - 500000,00 €
Profit per year - 50400,00 €
Rental yield per month - 8,400.00 €
Profitability - 6.18 %
Rent as a percentage - 100 %
The condition of the property does not need repair

* The cost of the purchase was not taken into account when calculating the profitability!...


Contact seller

Message sent