Investment Opportunity: 1150 sq.m. Building for Sale in Artemis - Steps from the Beach!

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for Sale

Description

INVESTMENT OPPORTUNITY

FOR SALE
In ARTEMIDA (LOUTSA) a self-contained three-storey building of 1,150sqm on a plot of 1,700sqm, 50 meters from an organized beach. There are already 16 apartments of 55sqm as well as 3 ground floor shops of 50sqm. The building is a wonderful opportunity for an Investor who will renovate it by creating ideal apartments, as guesthouses, AIR BNP etc.
Given the high demand for short-term rentals, close to the sea, in the area of ARTEMIDOS, this investment could have very high returns.
SALE PRICE 1.700.000€

See other real estate sales in the Hotel category

Quick Summary

Property Number:
1121
Property Status:
for Sale
Property Type:
Hotel
Area:
1150
Price:
1.700.000
Location:
Anatoliki Attiki, Dimos Markopoulou Mesogeas, Vrafrona
Construction Year:
1972
Distance from Sea:
50 μ

Property Features

Corner placed
Garden
Internal staircase
Needs renovation
Storage room
Suitable for professional use
Tents
Veranda
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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 € 1.700.000
Cost & Taxes (9%) € 153.000
Estimated Total Price € 1.853.000

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