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New investment apts with guaranteed rentals (ref:: L2U351) - This listing was clicked 4190 times.

Superb investment! Apartments for sale in Athens with guaranteed rental income, ideal for jet to let investors as well as for holidays or retirement.

Main features for this listing
Listing Updated: 28/March/2006 15:40:13
Country: Greece
Region: Athens ( Read current articles. )
Property Type: Apartment
Property Site: City
Vacation Property (for rent): No
Construction Year: 2006
Bedrooms: 0
Bathrooms: 0
Energetic Class: Not Available.
Energy Performance Index (IPE): Not Available.

Description for this listing

These are new apartment blocks being constructed in over 20 locations all over Athens, with excellent access to the new metro, shops, and Athens’ famous night life. The Greek islands are also only a short boat trip away.

Main points are as follows:
Guaranteed rental yields of about 5-7 in year 1, rising thereafter;
1-10 year deals with guaranteed rental increases of 10-20 per annum;
Easy access to mortgage facilities via Greek banks with rates about 4;
£10,000 deposit and completion within 8 weeks.

Simulated Example:
Athens 2 bedroom apartment £80,000
Deposit £10,000
20 years repayment mortgage

Year 1
Repayment Interest @ 4 £430 per month
Rental £450 per month

Year 5
Repayment Interest @ 4 £430 per month
Rental £787 per month

Locations:
We have a number of new apartment blocks for sale. A typical location is Ampelokipi, an elegant suburb just 10 minutes drive northeast of the city centre. The metro is a short walk away, providing easy access to the city centre as well as the airport. There are also many other amenities nearby such as shops, tavernas, a hospital and the archaeological museum.

We also have properties for sale in other locations in Athens apart from Ampelokipi, such as Zografou, Neos Kosmos, Pagkrati, Holargos, Metz, Larissa Station, Likavitos, Acropolis, Gizi, Goudi, Koukaki and Omonia, in the very heart of Athens. All the locations have been carefully selected.

We have at least 50 apartments for sale at various prices, such as the following:
- Acropolis: 1 bedroom studio, 27sqm, €66,207 (£46,363)
- Likavitos: 1 bedroom apartment, 36.4sqm, €77,622 (£54,357)
- Ampelokipi: 1 bedroom apartment, 44sqm, €93,500 (£65,476)
- Omonia: 1 bedroom apartment, 43.3sqm, €154,700 (£108,333)
- Gizi: 2 bedroom apartment, 50.7sqm, €153,000 (£107,143)
- Acropolis: 3 bedroom apartment, 140sqm, €185,300 (£128,235)
Please note that prices are based on the Euro, and that availability changes on a daily basis.

Athens has been undergoing regeneration in recent years, something which was aided by the successful 2004 Athens Olympic Games. There have been large improvements in its infrastructure such as a new state of the art airport, a vastly enlarged metro system and many enhancements to its road network. The business sector is also booming as Athens is seen by many companies as the gateway to Eastern Europe. In addition, its location provides easy access to the rest of Greece and the Greek Islands, should you ever tire of the culture and lively nightlife which Athens has to offer.

Other features about this property, this features don't esclude more features.


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Pricing info and options for the listing Other listing options
This listing is For Sale
Sell Price: 66207 Euro
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Contact Details Property Owner Contact Form
Contact: Expired.
Telephone(home): Expired.
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Telephone(mobile): Expired.
Fax: Expired.
Website: Click here for the website!

This listing has been added/update on: 28/March/2006 15:40:13 and it is going to be removed soon.



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