Otto in Voula

Name: Sales in Otto started!
Start: 2021-04-16T07:58:41.742043+00:00
End: 2023-12-31T23:59:59+0000
Location: Otto

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Project info

Object ID: 11941

Finished at	September 2020
Price, m²	From 9570$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 150.00 m²
Floors	5
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking 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

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

1,435,500$

Net profit

9,376$

Payback period

122.1 years

Avg property value increase per year

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Promos and discounts for Otto

About the project

Otto, a modern third floor sea-view apartment, located just a few meters from the beach in Voula, along the coastline of the Athens Riviera, in one of the most discerning residential streets in the whole of the Southern suburbs.

Otto is one of just five residences in a stylish apartment building which offers superior construction and attention to detail with timeless high-end interiors.

The living spaces are filled with natural light and much emphasis has been placed on luxury high quality finishes and comfortable, contemporary living.

Spacious open plan living areas benefit from wrap around balconies and wall to wall windows where you can enjoy stunning sea and mountain views from the living and dining areas as well as the kitchen.

Otto has three en-suite bedrooms and a guest bathroom and is an ideal family home in a neighbourhood favoured by professionals who enjoy an easy commute to the city center.

Built to comply with Class A+ energy standards and with 2 underground parking spaces and a storage room everything here at Otto has been designed to offer luxury and convenience.

Developer

At Greece Sotheby’s International Realty we proudly offer homeowners an unprecedented opportunity. For the first time, home sellers in Gree…
Details about Sotheby's International realty