Apartment, Αθήνα

FOR SALE: Apartment 183 sq.m. also suitable for business accommodation in the most central part of Athens, Vasilissis Sofias Avenue 54 on the 2nd floor with two elevators, corner with Iridanou, 40 meters from the Hilton, with a large balcony on Vasilissis Sofias Avenue and a balcony on Iridanou with a doorman in the apartment building and having the great advantage when it comes to commercial housing that there is a METRO stop right next to the building (which is one of the essential requirements of a property purchase) SALE PRICE: 182.47sqm X €4,400 per sqm = €800,000 INCLUDED (without value) in the above price and the warehouse of 18.24sqm. We read on the internet that in the areas where the apartment in question is located, Kolonaki and Syntagma Square, the prices that are formed today start from €5,200 per square meter and end at €5,400 - €5,800 per square meter, with one basic condition, however, if... find such apartments for sale with a similar location and frontage. RENOVATION It underwent a detailed refurbishment inspection which started in November 2022 and ended in April 2023. WORKS DONE: a) Internal masonry arrangement works to form the spaces of the already existing TENANTS.... MEDICAL AREA .b) Electrical work for the placement of rheumatologic supply depending on the requirements of the machines that will be installed in the dental office as well as in the gynecological office. c) Water supply works to the respective machines. d) Tiling works (replacement of the existing ones) with granite tiles universally over the entire surface of the space. e) WC renovation works. f) Construction of a new WC next to the existing one for the needs of the gynecology clinic. g) Works of replacing internal frames - wooden doors with new ones. h) Replacement of external entrance door with a new security door. i) Oil painting of the entire apartment. TERM NON-NEGOTIABLE The apartment is leased for 10 (ten) years and expires on November 20, 2032. For medical benefits. The new buyer must declare to the notary that he recognizes this lease and all the rights and obligations of the parties. INVESTMENT: The investment with the existing 10-year private lease agreement and with the rent adjustments every two years based on the money that will be available for the purchase of the property amounts to rent collections per year at the rate of 3.16% per year, i.e. €25,280 when the Greek banks for deposits give 0.70%. PAYMENT TERMS Advance payment for the purchase of the property €300,000. The possibility is given (if there is a shortage of cash) of two years of repayment of the remaining amount of €500,000 until the final transfer of the property with a charge at an interest rate of 3% per annum (in which this rate of charge includes the goodwill of the property) and on the condition that the rents from the lease until the final transfer of the property will be collected by the owner "seller"