Home for sale, Apartment 186 sq.m., Naxos
Home for sale, Apartment 186 sq.m., Naxos — image 2Home for sale, Apartment 186 sq.m., Naxos — image 3Home for sale, Apartment 186 sq.m., Naxos — image 4Home for sale, Apartment 186 sq.m., Naxos — image 5
Grade Aapartmentbudget

Home for sale, Apartment 186 sq.m., Naxos

Naxos · Naxos · Naxos

€390,000

Asking Price (EUR)

5.8%

Net Yield (after tax, all-in)

5.8%

Managed ROI (after tax)

13.8%

Gross Yield

59%

Occupancy

Net yield is after Greek rental income tax (modelled on the progressive non-resident schedule) and assumes deductible STR operating expenses — confirm the treatment with a Greek tax adviser. Properties let short-term must hold an AADE Property Registry number (ΑΜΑ).

Projected Gross Revenue: €59,836/yr
Average Daily Rate: €300
Net Yield (after tax): 5.8%
Payback Period: 17.4 years
5-yr Capital Value: €452,117
10-yr Capital Value: €524,127
Brixfox Score: 87.5 / 100
Comparable Properties: 15
Data Confidence: 89%
Search Radius: 2 km

True Investment Cost

Greek transfer tax + notary + registry + legal + agent + furnishing & STR launch setup.

€435,182

+11.6% over asking

Asking price€390,000
agent€9,672
legal€5,803
furnishing€10,000
transfer tax€12,051
notary registry€7,656
All-in investment€435,182

Estimates use Greece's resale property-transfer-tax schedule plus notary, land-registry and legal fees; furnishing & STR launch covers furniture, appliances, the AADE registration setup and launch photography. Actual notary & legal vary — budget extra for surveyor, due-diligence and bank-mortgage fees if financing. Working capital (2–3 months operating buffer) not included.

Bedrooms: 3
Bathrooms: 2
Building: 186 m²
Style: dated
Condition: needs-renovation
Year Built: 1950
Energy Certificate: G
sea

No AADE registration stated

The listing prints no ΑΜΑ and says nothing about short-term letting — the norm for a Greek for-sale advertisement, so an open question for the agency rather than a red flag. Registration is filed per property under the buyer’s own ΑΦΜ once the sale completes.

Greece requires an AADE short-term-rental registration number (ΑΜΑ/AMA) per property, displayed on the Airbnb/Booking listing. Single-property individual letting is taxed on the rental schedule (15/35/45%); 3+ STR units or hotel-style services trigger business/VAT treatment. New registrations are being restricted in saturated zones (a 1-year freeze hit central Athens in 2025) — most islands remain open, but verify the AMA and any municipal cap.

An ΑΜΑ is issued to the person who registers the property under their own Greek tax number (ΑΦΜ) — it does not transfer with the sale. The buyer registers afresh: have a Greek accountant confirm the municipality still accepts new short-term-rental registrations (central Athens has been frozen since January 2025) before underwriting rental income.

Design Features

sea-view from rooftop

Score Breakdown

ROI
20.25
Visual Appeal
7
Ownership Security
13
Location
9
Land & Space
5.72
Rental Demand
5.91
Payback Speed
4
STR Suitability
2

Description

Νάξος Χώρα πωλείται παλιό αρχοντικό 186 τ. μ. με εξωτερικούς χώρους 30 τ. μ. στο κεντρικότερο σημείο του νησιού. με θέα στο λιμάνι. Ο συνδυασμός της τοποθεσίας, στο κεντρικό σημείο του οικισμού και η υπέροχη θέα το καθιστούν ως ένα από τα πιο επενδυτικά ακίνητα της Νάξου τόσο για ιδιωτική όσο και για επαγγελματική χρήση. Χρήζει ανακαίνισης. AXIA REAL ESTATE NAXOS

Location

📍 37.1063°, 25.3757°

Naxos, Naxos, Greece

Listed by Axia Real Estate via xe.gr

Price
$443,787
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3-bedroom freehold apartment in Naxos — photo 1 of 5
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Home for sale, Apartment 186 sq.m., Naxos

Naxos · Cyclades · Ref BF-415Source · Axia Real Estate · listed 22 Jun 2026
Asking price
$443,787
Want this analysis as an underwriting report (PDF)?

The page’s own figures, line by line · Every purchase cost and the all-in total · Occupancy and offer-price what-ifs · Greece ownership, tax and letting rules

Bedrooms
3
Bathrooms
2
Built area
186 m²
Brixfox Score 88 · AFinancial analysis ↓

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No AADE registration stated

The listing prints no ΑΜΑ and says nothing about short-term letting — the norm for a Greek for-sale advertisement, so an open question for the agency rather than a red flag. Registration is filed per property under the buyer’s own ΑΦΜ once the sale completes.

Greece requires an AADE short-term-rental registration number (ΑΜΑ/AMA) per property, displayed on the Airbnb/Booking listing. Single-property individual letting is taxed on the rental schedule (15/35/45%); 3+ STR units or hotel-style services trigger business/VAT treatment. New registrations are being restricted in saturated zones (a 1-year freeze hit central Athens in 2025) — most islands remain open, but verify the AMA and any municipal cap.

An ΑΜΑ is issued to the person who registers the property under their own Greek tax number (ΑΦΜ) — it does not transfer with the sale. The buyer registers afresh: have a Greek accountant confirm the municipality still accepts new short-term-rental registrations (central Athens has been frozen since January 2025) before underwriting rental income.

Financials

What it earns, what it costs to own, and the net yield

Financial analysis
· Brixfox Standard · Non-resident · Fully managed
Fully managed is the Brixfox Standard shown on every card: a full-service manager's commission, charged on top of the Airbnb/Booking channel fees (not the cleaning cost — changeovers are funded by guest cleaning fees; you bear the residual). Self-managed drops the commission; the channel fees stay, because the platform is paid whoever manages, and you pay staff/local operations, a higher cleaning residual and your own time directly. Both scenarios divide the SAME gross revenue — the toggle changes the cost stack, not the revenue. That revenue is observed from actively-operated comps, so self-managed assumes you match their performance.Both scenarios share the same projected revenue — the toggle changes who runs the property and what that costs, not what it earns.
Net yieldNet operating income ÷ all-in investment. After local operating taxes; before home-country personal tax and financing costs. Modelled from observed market performance of comparable Airbnb listings.
Gross yield · all-in basis
Before tax in your home country and financing costs. Estimates, not financial advice.
Modelled from Airbnb listings we track across Naxos — live calendar data.

No Airbnb match on file

We have not confirmed this exact property on Airbnb, so it carries no operating history here. The figures above rest on the comparable set — a launch scenario, not a track record.

Revenue assumptions

Derived from the comparable Airbnb listings below. The headline ADR is the expected BOOKED rate — nearby asking prices corrected by our measured, market-calibrated asking-to-booked factor. Occupancy is calibrated against tracked reference homes nearby. Comp cards below show raw asking prices.
Expected ADR
$316
Expected booked rate (market-calibrated)
Expected occupancy
59%
Full-year estimate, market-calibrated
Projected annual revenue
$68,088
ADR × occupancy × 365
Comp data observed in USD · converted at €0.88/$
Seasonal occupancy pattern
Peak Aug +70% · Low Jan -55%
J
F
M
A
M
J
J
A
S
O
N
D
Modelled monthly index (relative to the annual average) — replaced by measured per-market indices as calendar history matures.

Investment basis

The true all-in acquisition cost — asking price plus purchase costs, renovation and furnishing. Every yield on this page is computed against this total, not the asking price.
Adjust the figures to your deal — yields recalculate live.
Purchase price· asking
€
Acquisition costs· 9.0% of price, auto-calculated
$40,034
Transfer tax (FMA + municipal surcharge)$13,713
Notary & land registry$8,712
Legal & due diligence$6,603
Buyer-side agent fee$11,006
Renovation budget· the listing says this home needs renovation — the published yield excludes that cost; enter your own quote
€
Furniture & STR launch
€
All-in investment
$495,200
+11.6% over asking
Fully managed scenarioSwitch the scenario with the toggle at the top of the financial analysis — it drives every figure in this section. Gross revenue is identical in both scenarios (the comps' observed performance); the Villa Scorecard and risk panels elsewhere on the page always quote the fully-managed Brixfox Standard.
Gross annual revenue
••••
Rental management
••••
Booking channel fees
••••
Cleaning & consumables
••••
Utilities (electricity, water, pool, garden)
••••
Property tax (ENFIA + municipal TAP)
••••
Maintenance reserve
••••
Insurance
••••
Building/community fees
••••
Accounting & tax filing
••••
Greek rental income tax
••••
Net operating income
••••
Net yield on all-in investment
••%

Rental yield + value growth

Your net rental yield plus a yearly rise in the property's market value (land and building) that you choose. Value growth is an assumption, not data — which is why it starts at 0% and is kept out of the yield figures above.
Property value growth per year · your assumption0%
0%4% · Naxos 5-yr avg — historical, not a forecast8%
Yield + value growth
••/yr
••% net yield + 0% value growth
Value growth figures are illustrative only. Past regional price growth does not predict future performance; local supply, regulation and currency moves can materially change outcomes. Not financial advice.
Want this analysis as an underwriting report (PDF)?

The page’s own figures, line by line · Every purchase cost and the all-in total · Occupancy and offer-price what-ifs · Greece ownership, tax and letting rules

Evidence

Where it sits, and who confirms it

Comp table: Market evidence ↑ in Financials

Location

Approximate area

Naxos · Cyclades

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Verdict

Score, and what could go wrong

Same net-yield basis as the financial analysis

Brixfox Score

88A
Location••••
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Rental Yield••••
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Occupancy••••
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Nightly Rate••••
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Visual Appeal••••
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Size & Space••••
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STR Registration••••
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Tenure••••
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Upgrade to Pro to see the full scorecard analysis.

Risk & what-if

ScenarioOccupancyNet income /yrNet yield
-20 pts occupancy39%••••••%
-10 pts occupancy49%••••••%
Expected59%••••••%
+10 pts occupancy69%••••••%

Brixfox Standard · Non-resident · Fully managed · net yield on all-in cost · upgrade to Pro to stress-test this yield

TenureFreeholdno lease decay · no amortisation
Payback10 yearsfrom net rent at the expected case
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Property Underwriting Report

PDF report · one-time purchase · this property

  • The page’s own figures, line by line
  • Every purchase cost and the all-in total
  • Occupancy and offer-price what-ifs
  • Greece ownership, tax and letting rules
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Modelled from live Airbnb calendar data around this property · operating costs per line, editable in the P&L · estimates, not financial advice.Data sources & methodology ›

ROI calculations use verified Brixfox Intelligence rental data. Operating costs are modelled per line — Airbnb/Booking channel fees whoever manages, then either a full-service management commission or the staff/local operations a self-managing owner buys back, cleaning residual, utilities & insurance, local taxes — with every rate editable in the Financial analysis P&L above. Gross revenue is identical in both management scenarios. Market factors in Greece may impact actual yields.