Sale, Residential, Residence complex

KIPSELI - ANO KIPSELI - EVELPIDON

Property Code: 397036

Rooms 5
Bathrooms 5
Floor 0 (Ground Floor)
Parking 0
Area 218 m2
Construction 1980

490000

Calculate my installment

2247.7064220183 € / m2

Modify Date: 25/09/26

Description

Investment Property 218 sq.m. in Ano Kypseli | 5 Apartments | Yield Above 6.5% Located in Ano Kypseli, just 350 meters from the new “Elikonos” Metro station, this 218 sq.m. ground-floor residential complex consists of five independent apartments. The property was fully renovated in 2022, and each apartment is fully furnished and equipped with a kitchen, refrigerator, washing machine with dryer, TV, air conditioning, double bed and sofa bed. All five apartments are currently rented under long-term leases, generating an existing rental income and a total gross yield of over 6.5%. The independent layout and full furnishing of the units also provide flexibility for future use, including the potential for short-term rental. Its proximity to the Metro, convenient access to central Athens and the five-unit configuration make this a solid investment proposition with existing income and additional potential for future exploitation.

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Renovation : Complete
Drainage : Sewer
Elevator : No
Floors : Tile
Computer network : Yes
Furnished : Yes, Luxurius, Double beds, Chairs, Table, Sofa
Electrical devices : Fridge, Washing machine, Dishwasher, Kitchen, Oven, Microwave oven, TV
Heating : Individual, Air condition
Living room : Single with dinning room, Bright, Modern
Pets acceptable : Yes
Air conditioning : Yes, Split air conditions
Kitchen : Single with dinning room, Modern, With fitted devices, Single with living room
Kitchen (number) : 5
Bathrooms : Big, With shower, With luxury sanitary ware, Bright
Bathrooms (number) : 5
Security door : Yes
Stairs : Interior, Corner
Dining room : Single with living room, Single with sitting room, Bright, Single with kitchen
Type Power : Single phase
Rooms : 5
Double bedrooms : Big, With big closets
Double bedrooms (number) : 5
Natural Gas : ---
External appearance : Excellent, Modern
Noise : Quiet
Surrounding area : Very green, Infront of a square, Infront of a park, Close to school, Close to market, Quiet area, Close to public transports
Property area : 0
Number of apartments : 5
Zone : Residential zone
Positions Parking (number) : 0
Position : Corner, Facade
Suitable for Vacation House : Yes
Suitable for Business use : Yes
Suitable for Students : Yes
Hired : Yes
Quality construction : Excellent construction
Quality area : Excellent, Very quiet, Commercial area
Transportation : Bus, Metro, Electric

Loan Calculation

Loan Amount *Minimum loan amount 10.000€ Floating Interest Rate: Euribor 3M (indicatively 2%) + spread (from 1.75%) + contribution L.128/75 (0.12%) Fixed Interest Rate: from 2.8% + contribution L.128/75 (0.12%)
Loan Interest
Loan Repayment Period

Example: Loan of €100,000, total duration 30 years. For the first three years, final interest rate 2.92% and for the remaining 27 years, final interest rate 4%. Indicative installment for the first three years ~€420 and for the remaining 27 years ~€500

Indicative Installment Amount

Interest Amount:
*The final interest rate is determined based on the mortgage loan program (floating, hybrid, fixed) and the borrower's profile.

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