Commercial in city Athens
1388.00 sq.m.

€ 1 200 000

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Greece. Athens. Building 1388 sq. m., for investors and high profits.
Selling - the Business 1388 m2 in Athens
Price 1 200 000 €
Area of 1388 m2
Land area 249 m2
Dist. from the sea 6200 m
Dist. to nice airport. 35 km
Heating gas
Lift
Pantry
For sale 6 storey building located in the area (METAKSOURGEIO).
After potential reconstruction of the building , the facility will consist of :
• Basement - 215,6 sq. m.
• First floor - 179,40 sq. m.
• 2nd floor - 212,75 sq. m.
• 3rd floor - 212,75 sq. m.
• 4th floor - 212,75 sq. m.
• 5 floor - 189,10 sq. m.
• 6th floor - 165,60 sq. m.
PRICE: 1.200.000 €
After the reconstruction it turns out 27 apartments + commercial space.
The cost of reconstruction: 1 014.000 €
This amount includes changing the status of the object, the separation and obtaining ownership of all apartments, furniture and equipment.
The cost of registration : 114.000 €
Total investments - 2 328.000 €
The information below about quadrature of each apartment and commercial premises and their sale price after the reconstruction.
215,6 basement sq.m sales price
ground 179,4 sq.m
1st 212,75 sq.m 500000
1a 27,84
1b 23,43 110000
1c 35,47 94000
1d 36,67 140000
1e 24 and 32 146000
1f 29,35 97000
2nd 212,75 sq.m 117,000 was
2a 27,84
2b 23,43 110000
2c 35,47 94000
2d 36,67 140000
2e 24 and 32 146000
97000
2f 29,35 117,000 was
3rd 212,75 sq.m
3a 27,84 110000
3b 23,43 94000
3c 35,47 140000
3d 36,67 146000
3e 24 and 32 97000
3f 29,35 117,000 was
4rth 189,10 sq.m
4a 27,84 111000
4b 23,43 94000
4c 35,47 140000
4d 37,58 150000
4f a 29.08 116000
5th 165,60 sq.m
5a 27,84 111000
5b 23,43 94000
5c 35,47 142000
5d 43,29 173000
terrace roof garden providing city – monuments view
1387,95 1200000 114000 1013371 3743000
The total value of all property after their implementation 3.743.000 €
Costs:
- 10% marketing and services sale
Net income: 804.000 Euro / 34,5%
The implementation of the project a maximum of 1.5 years
There is a choice of apartments and houses in various budget, including commercial facilities

Seller information

Seller type Agency
Company YouLand

Location of the property on the map

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