Investment Opportunity: Unfinished 687.83 sq.m. Apartment Building for Sale in Agios Nikolaos

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for Sale

Description

An unfinished apartment building in total of 687.83m2 is available for sale in a developing area in the town of Agios Nikolaos. It is developed on 4 floors within a plot of 492.91m2. The first and second floors are 131.46m2 each and consist of an open plan living- dining area, a separate kitchen, two bathrooms, one with a bathtub and the other with a shower, and three bedrooms. On the ground floor there is another apartment of 83.25m2 with an open area living room - kitchen, one bathroom with a bathtub, and two bedrooms. On the same level there is a parking space for three vehicles. In the basement there is another apartment of 91.58m2 with an open area living room- kitchen , one bathroom with a bathtub, and two bedrooms. At the same level, each apartment has a 10m2 storage room and there is also the engine room and the boiler room. The building has an elevator and the building is plastered. At a distance of 700 meters from the sea and 65 km from the international airport of Heraklion, it is a remarkable investment with the possibility of exploiting the apartments with a certain yield.

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Quick Summary

Property Number:
16452
Property Status:
for Sale
Property Type:
Other
Area:
687
Price:
1.060.000   1.000.000
Location:
Iraklio, Dimos Gortynas, Agios Nikolaos
Distance from Airport:
65 χλμ
Distance from Sea:
700 μ

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Property Cost & Taxes

There are some extra costs that must be added to the price of the property.

These costs include Transfer Tax, Notary's Fees, Real Estate Fees, Estimated Lawyers's Fees and Land Registry.

The total value of the above is about 9% of the price of the property.

Property Price € 1.000.000
Cost & Taxes (9%) € 90.000
Estimated Total Price € 1.090.000

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