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VITRUVIUS INVESTMENTS - LEONIDOU SUITES- L.A104 - 4,5% ANNUAL RE

Property Information

Type:
Property ID:
Location :
Added On :
Price :
Room
41638594
Metaxourgio, Greece
04 Jun 2022
£ 87,999 / € 98,000 / $ 119,491

Short Description

L.A104: Studio apartment with a total area of 33 m2.

Key Information

  • Property ID: 41638594
  • Location: Metaxourgio
  • Property Type: Room
  • Prices: £ 87,999 / € 98,000 / $ 119,491
  • Fully Managed
  • Fully Furnished
  • Security
  • Air Conditioning
  • Bar

Full Description

VITRUVIUS INVESTMENTS - LEONIDOU SUITES - 4,5% ANNUAL RETURN

-L.A104: Studio apartment with a total area of 33 m2. This hotel apartment has all the modern amenities and infrastructure. It consists of an open plan living room-bedroom and 1 bathroom and provides the necessary comfort and space to guests. With modern floors, modern furniture, double thermal insulation windows, fitted wardrobes, fully furnished bathroom and security hotel door is a modern and comfortable investment apartment. The future owner after purchase will immediately start collecting rents for a period of 10 years.

 

Our project “Leonidou Suits” is sited in the area of Metaxourgheio/Gazi. Both for locals and for tourists this area is a point of reference when you talk about Athens. Apart from the fact that we are talking about the traditional center of Athens, with whatever this could include; a heartbeat away from everything ... market, all kind of shops, metro stations, main streets, bus stops, parks, archeological sites, museums, sights and whatever one may think or need. We are also talking about a very historic area that was the core of action of the ancient Athenian citizens and for this reason we have many archaeological finds in the area.

Coming to today and to the modern image of the area, Metaxourgeio is the definition of the alternative, mix ‘n’ match district. It is inhabited by people of every financial background who declare themselves as city-center lovers and of course attracts the majority of tourists who come to Athens. It is the area that everyone chooses for their night-out as it is full of restaurants of all kinds(traditional, haute cuisine), countless cafes, alternative entertainment places and in fact it is where everyone who deals with the catering sector chooses to be active.

Vitruvius Investments, evaluating the dynamics of the area and the very central role that plays in the tourism industry decided to build there a boutique hotel consisting of 21 rooms. Τhe owner of each room has the opportunity, by buying it, to participate in a very ambitious investment project for the following reasons:

  1. buys something that will immediately give back a profit (the whole hotel is operated as a whole by one of the largest hotel companies in Greece that runs it in the best way -as experts in the field- and pay rent all year round to room owners without asking them to contribute financially to anything)

 

  1. since your property is part of such a vibrant and profitable project that follows the orders of the market and in fact in the field of tourism that is and will always be at the forefront of the Greek economy, it is a given that its commercial value will have upward trend and can easily be resold at a much higher price.

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