1BR Apartment in Athens Near the Acropolis – Yield Over 15%
40,000
PROP-903
For Sale
Bedrooms: 1 Bathrooms: 1 Living Area: 51 m² Heating: Zoned Air Conditioning: Zoned

Property Description

Looking for an investment property in Athens? Do you have a desire to enter into the Greek real estate market? Take a look! This 1 bedroom – 1 bathroom apartment for sale in the Koukaki neighborhood of central Athens is the ideal investment property for the budding investor in the Greek market. Located just steps to the Acropolis in what Airbnb calls the city’s hottest neighborhood for tourists, and the third hottest neighborhood worldwide in 2016, this unit makes for an excellent short term rental to the record breaking number of tourists visiting Athens. Dotted with numerous restaurants, shops, cafes, and bars, Koukaki is one of the city’s hottest places to see and be seen. Just steps to the Acropolis, Acropolis Museum,Plaka, and the numerous sites in Athens, it is extremely central and has a solid demand. The apartment is in a well maintained building with elevator and is in need of a cosmetic renovation, which is accounted for in the asking price. Similar 1 bedroom units rent for between 500 – 1,000 euros per month, which provides an extremely high yield exceeding 15%, even after accounting for the apartment’s renovation. Inquire today!

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Property Location