Kipseli in Athens

Name: Sales in Kipseli started!
Start: 2021-04-14T07:14:38.148357+00:00
End: 2023-12-31T23:59:59+0000
Location: Kipseli

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Construction

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Project info

Object ID: 11893

Finished at	February 2022
Price, m²	From 2300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 40.00 m²
Floors	6
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Kato Patisia 17 min Agios Nikolaos 17 min Victoria 19 min Agios Eleftherios 20 min Ano Patisia 20 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

92,000$

Net profit

5,883$

Payback period

11.4 years

Avg property value increase per year

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About the project

Modern residential building of high aesthetic value in the center of Athens, in Kipseli area, 250m away from Kipseli Square. A Residential building that integrates perfectly into the urban landscape. Its architectural approach highlights the dynamic appearance of the building through a harmonious combination of minimal design and modern materials. White frames outline the balconies, while darker tones distinguish the principal part of the building. Metal shadings and parapets alternate with glass in a solid or slatted formation are used as a cladding element to emphasize the different levels of the building’s face. The aim was to create a building of high standards that consistently serves the needs of its owners. Bright apartments with optimal utilization of their orientation, wide openings and targeted exploitation of the Attica’s view. Ergonomic and functional apartments that perfectly express the requirements of affordable luxury.

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…
Details about GREEN Properties