SF78 is a newly renovated apartment in a superb location that combines the easy access to the city center and the booming Athens riviera. Featuring high end finishes and stunning overall interior design by
X Architecture make the everyday living a real pleasure. 3 bedrooms (one master) and an open plan living room kitchen area make a luxurious and spacious overall feeling.
The solid wood flooring and the minimalistic fireplace create a unique blend of a timeless result in today’s era. The large balcony that covers the entire façade and the open air views allows the sunlight to harmonically enter the apartment and create amazing shadows and lights inside.
- Higher ceilings
- Brand new minimalistic fireplace
- Natural light that drenches the entire apartment large facade
- Hard wood floors and concrete stucco type floors
- Fully autonomous heating system via gas
- New type elevator
BUSINESS MODEL & NUMBERS
Having great knowledge of the neighborhood and its surrounding areas, this location enables for a high-end renovation of this apartment with the intention of reselling it for private or investment use (due to the great rental yields this apartment can attain on a long term rental basis).
The expected profits (before taxes) are estimated from 26% - 32% when resold after the completion of the renovation. Estimated selling price for this area is 2,000 €/sqm - 2,400 €/sqm (depending the floor, renovation quality, view, proximity to public transportation mediums, etc.). The estimated expected rental yields (before taxes, on a long term rental basis) per annum are 3,6% - 4,8%.
Being ideally situated in the neighborhood of Neos Kosmos this apartment enables to reach within 5 minutes by car or directly via public transportation both the Athens Riviera and the Niarchos Culture Foundation and the booming Akropolis area with the numerous shops and amazing restaurants and bistros. The overall quiet and family-oriented neighborhood allows you to relax yet within minutes enjoy the buzzing atmosphere of the city center or enjoy rejuvenating walks along the Athenian riviera.