Commercial real estate for sale seaside in Agios Nikolaos (Lasithi) 270m²

Profitable business o. Crete super offer! YOUR BUSINESS IN GREECE! INVESTMENT PROJECT! Area - 270 m² Plot area - 500 m² Year of construction - 1990. Year of repair - 2016 Dist. from the sea - 400 m Dist. to the airport - 70 km Heating type - electric - Parking - ✓ - Swimming pool - ✓ - Fireplace - ✓ - Storeroom - ✓ Business for sale with an area of 270 sq.m in Lassithi prefecture. The business consists of five apartments with a swimming pool. - ✔️Four apartments of 37 sq.m each, located on the first and second floors and one large apartment of 85 sq.m with a fireplace on the third floor. There is also a reception building, parking spaces, a garden, a barbecue area, etc. All apartments are furnished and equipped with household appliances with air conditioning and solar panels. - Cost before discount - 550,000 euros. The cost after the discount is 500,000 euros. Net price - 500,000.00 € Profit per year - 50,400.00 € Rental yield per month - 8,400.00 € Profitability - 6.18%. Rent as a percentage - 100% Condition of the property: Does not need repairs When calculating profitability, purchase costs were not taken into account!!!