Residential unit in Kallithea in Athens

Name: Sales in Residential unit in Kallithea started!
Start: 2021-04-15T08:27:16.091431+00:00
End: 2023-12-31T23:59:59+0000
Location: Residential unit in Kallithea

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Project info

Object ID: 11918

Finished at	August 2021
Price, m²	From 2870$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 121.00 m²
Floors	5
Condition	Turnkey
Construction type	Monolyth
Security	Intercom
Conveniences	Parking Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Kallithea 9 min Rouf 9 min Tavros 10 min Petralona 14 min Eleonas 18 min Kerameikos 19 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

347,270$

Net profit

9,376$

Payback period

29.5 years

Avg property value increase per year

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Promos and discounts for Residential unit in Kallithea

About the project

This spacious apartment is located in the Kallithea area and is directly opposite the Harokopio University.

At the moment, renovation work is underway and the apartment is delivered on a turnkey basis in the summer of 2021. Due to its location, the apartment is perfect for personal living with a family, as well as for long-term lease to students.

Developer

DKG Development is a rapidly evolving company in the field of Real Estate – Development in Greece, staffed by a team of professionals that h…
Details about DKG Development