Student Residence with a safe return of over 7%

Price

€750,000

Bedrooms11

Bathrooms11

Living area290 m²

Plot surface248 m²

Amenities and special features of this house

High-quality student residence of high standards in accordance with international standards. A full accommodation package is provided, including shared facilities for each student. It is a smart, low-risk business proposition with guaranteed returns. PROPERTY DETAILS: Apartment building 290sqm: * 11 studios of approximately 17-26 sqm, each with its own kitchen and bathroom, air-conditioned, fully furnished. * Shared laundry room, with coin-operated washing machine, in the semi-basement. * Shared garden with BBQ at the rear of the property, suitable for gatherings. * Bicycle parking and electric charging facilities Facilities: * Independent heating, water, WiFi (the fastest Internet in the area) for each studio and installation of an electricity meter (in the event of over-consumption, the tenant will pay the difference based on the meter). * Building security-alarm. FOR THE STUDENT: * Full package accommodation program for one student. * Direct access to the University of West Attica - 450m away. * Quiet neighbourhood, bus stop, supermarket very close. FOR THE INVESTOR: Annual income: 65000€ Expenses: Property management & Provider costs (Electricity - Water - WIFI) : 11000€

Object type

Semi-detached House

Bedrooms

Bathrooms

Living area

290 m²

Total surface

290 m²

Plot surface

248 m²

Condition

Top

Construction year

1965

Energy certificate available

In progress

Features

Air condition

Balcony

Built-in kitchen

Garden

Security system

Egaleo: Location and surroundings of this property

AIGALEO: LOCATION AND ENVIRONMENT OF THE PROPERTY Location. It is bordered by the Municipality of Athens, Peristeri and Haidario, and the municipalities of Nice - Agios Ioannos Rentis, Aghios Varvara and Moschato - Tavros. Unique Features: Egaleo is one of the most famous municipalities of Athens, as it counts its existence since ancient times. Until a few years ago, Egaleo was the capital of West Attica and as a consequence, several public services were located in the city. Its long-standing historical status as well as its endless beauty make Egaleo one of the most popular municipalities as today it combines history with tourism and entertainment. The bustling pedestrian street of the popular Agia Lavra and that of Markos Botsaris, offer many choices of restaurants and cafes ideal for groups and families. Maintaining the aroma of the traditional district, Egaleo is one of the most up-and-coming areas of Athens. Accessibility: At the most central point of the municipality where its most famous square, Eleftherias Square, is located, the metro station is located, making it a central axis for all visitors from all over Athens easily and quickly as it is only 10 minutes away from the most historic point of the capital, Monastiraki. Investment Dynamics: Its close proximity to the centre of Athens, combined with the existence of the metro and the commercial development in the surrounding area, make Egaleo an attractive area for investment.

Get personal advice

Engel & Völkers
MMC Greece

2-4 Mesogeion Avenue, 11527, Athens

+302111055000

Engel & Völkers
MMC Greece

2-4 Mesogeion Avenue, Athens, 11527

Call shop

W-02MF7X – This is the Engel & Völkers property ID.

Dimitrios Mamas

EV MMC Greece S.A.

Website

Commission Details

Availability upon agreement. This material is based upon information, which we consider reliable, but because third parties have supplied it, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, and change of price or withdrawal without notice. Taxes, notary and registration fees shall be paid by the purchaser. The commission shall be paid by the seller and /or the buyer depending on the brokerage agreements in place.