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APARTMENT I7 in Kallithea

Name: Sales in APARTMENT I7 started!
Start: 2021-04-12T13:14:00.068204+00:00
End: 2023-12-31T23:59:59+0000
Location: APARTMENT I7

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Project info

Object ID: 11870

Finished at	December 2021
Price, m²	From 2320$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 29.00 m²
Floors	2
Apartments	21
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
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		194		8103$
Average		52%		37$

Total invested

67,280$

Net profit

5,906$

Payback period

8.3 years

Avg property value increase per year

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About the project

Location:

In the western part of the community of Kallithea , on Myrtias road were designed a complex of 21 apartments - studios.

The apartments are situated next to the center of the town, as well as the famous beach of Kallithea so close no car is needed to get there.

Interior:

The ground floor apartment is developed in an open area. It consists of a living room, a sleeping area, a bathroom and a kitchen. The living room is separated from the bedroom with timber blinds construction.

The floor is covered with large tiles and on the ceilings, there is a plasterboard construction where spots are placed for the lighting of the apartment. The bathroom has a spacious shower cabin.

Each apartment has air conditioning, solar water heater, kitchen cabinets with electrical appliances, wardrobe, security door.

Exterior:

The apartment has a covered balcony in the living room.

The balconies of the apartments are definitely separated between them through walls, wich in this way guarantee privacy for each property.

On the front side of the building there is a shared swimming pool with an area for sun loungers

Developer

Details about Karamichail

Hotline

+995 (558) 7000 88

Toll-free number (USA):
+1 855 588 8066

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APARTMENT I7 on the map of Kallithea

Kallithea 630 77, Greece

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