Galatsi in Athens

Name: Galatsi
Brand: GREEN Properties
SKU: 11898
Availability: InStock

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Project info

Object ID: 11898

Finished at	August 2021
Price, m²	From 2700$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 35.00 m²
Floors	5
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Ano Patisia 13 min Agios Eleftherios 14 min Kato Patisia 16 min Agios Nikolaos 18 min Perissos 19 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

94,500$

Net profit

5,883$

Payback period

11.7 years

Avg property value increase per year

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About the project

Residential building of unique architectural design on a large corner plot. The main goal was the composition of a modern complex using the principles of bioclimatic architecture and innovative energy saving systems through renewable sources (A +, photovoltaic, thermal facade 10 cm, cooling-heating with VRV systems / Heat Pump). The central idea was to create vertical elements on the building’s face that act as an intersection in the linear horizontal frameworks defined by the apartments. The apartments are distinguished by their modern and minimal design, as they maximise, due to their orientation and large openings, the view offered by the location of the plot. Each apartment has a parking space and a storage room. The kitchens and bathrooms are specially designed for each owner in collaboration with experienced interior designers. The style and quality of this particular project are highlighted by both its architectural design and modern and innovative materials.

Developer

If you can dream a green, minimal-designed house equipped with smart features at Green Properties we can design and build it at an affordabl…
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