2 studios, 14 sq meters each, for sale in Athens, Greece on 4th and 5th floor of a mixed use building. They are in the very best location, a 3 minute walk to Syntagma Square. The fantastic location in a quiet area attracts a wide clientele from tourists, business people and students alike. They are cash cows. The room on the 5th floor has a pretty view of the Acropolis from the bathroom window!
2019 gross revenue for both units was 30’000€. Excellent reviews on Google, Booking.com, Airbnb.
The building needs some TLC, which should be remedied this year. Sold fully furnished and turnkey. Air conditioning, wifi, and large flat screen tvs in place. Studios can also be sold individually.
Current owner is also a property manager who could continue to manage the units for new owners. Management rate is 20%, all expenses covered by the owner (utilities, charges, cleaning, small consumables and larger replacements when needed, taxes, etc…)