For sale apartment of 32 sq.meters in Loutraki. The apartment is situated on the 1st floor. It consists of living room with kitchen, one bathroom. Flat has interior layout. There are: air conditioning. The owners will be leaving the furniture with the sale.
The studio-apartment is located in the resort town of Loutraki.
Loutraki is famous for its curative mineral waters: here built a hydrotherapy Center, where you can take a course of treatments. In addition, here is the largest casino in the Balkan peninsula.
Our experts have estimated an annual profitability rate on that particular project in the proximity of about 4,50% from its lease. For the sake of highest possible accuracy in our calculations, we have taken into account the costs of acquisition as well as registration processes of the property in addition to legal costs and tax induced on the transfer of the property. Finally, the cost of obtaining an average guaranteed rent of 220 euros per month has also been deducted.
* Revenue calculation does not take into account the purchase cost.