Seaside Apartment B

€324,000

Development project

Serviced Apartments Investment

1 Bedroom
1 Bathroom
56 m² Total surface
47 m² Living area

Description

This apartment type is located on the 1st,2nd,3rd and 4th floor and it has an open layout living area. With living space from 45,3 sqm up to 46,8 sqm, it has one bedroom and it is fully furnished. It has a fully equipped kitchenette which is part of the living zone. It is designed as an open space apartment where the bedroom is separated from the living room with a perforated wooden-glass divider. The living room includes a large sofa, coffee table and a flat screen TV. The bedroom features a double bed, a desk and large wardrobes. The apartment provides a separate bathroom with a shower, a washbasin and a toilet that comes with all the necessary accessories. Moreover, there is a large private balcony (9,6 sqm to 10,7 sqm) with a mountain view and a sitting area. The floor is made of ceramic tiles except for the bedroom space where the floor is wooden. The walls are painted in light tones. In addition, the building includes the following amenities for the comfort of its residents: gym, open lounge, rooftop pool with tanning beds, cocktail bar and smart security. A parking space can be provided with an additional charge. A great investment opportunity as the property can be used as a holiday home and at the same time as a source of additional income. Return of Investment (ROI) : 7,5% - 8% after management services *Completion date : end of 2025 **The building permit is currently in progress **The Energy Certificate is currently under issue

Features

Air conditionBalconyBuilt-in kitchenSecurity systemSwimming poolTerraceWaterfrontElevatorBuilt in wardrobeGymMountain viewFurnishedSenior oriented

Engel & Völkers MMC Greece

+302111055000

Your advisor: Athina Vakali

Property ID: W-02SW5T

Location: Loutraki, Decentralized Administration of Peloponnese, Western Greece and the Ionian

Location: Loutraki is located in the northeastern Peloponnese, in the area of Corinthia. Unique Features: The prefecture has a variety of destinations ideal for summer and winter getaways. Corinthia is characterized for its rich diversity as it perfectly combines mountain, nature and sea escapes while it has a rich history and culture. A trademark of the prefecture of Corinth is the Corinth Canal, an impressive project that is navigated every year by more than 15,000 ships. Important cities of the prefecture are Corinth, Loutraki, Xylokastro, Agii Theodoroi and Kiato. Accessibility: Access to Corinthia is easy and can be done by car through the existing road network, and is only 84 km away from Athens and 132 km from Patras. Furthermore, long-distance buses provide regular services to most areas of the prefecture and there is a railway connection between the prefecture of Corinthia and Athens. Investment Opportunity: Greece is one of the most popular holiday destinations in the world, with the prefecture of Corinthia being in particularly high demand and becoming an increasingly attractive destination for investors in winter and summer.

Commission details

Availability upon agreement. This material is based upon information, which we consider reliable, but because third parties have supplied it, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, and change of price or withdrawal without notice. Taxes, notary and registration fees shall be paid by the purchaser. The commission shall be paid by the seller and /or the buyer depending on the brokerage agreements in place.