It is a store in one of the historic towns of Austria.
The floor area of 2,294 m².
Plot of 677 m².
Tenant renovated the building in 2010 and installed an elevator and
The object is already fully leased out.
Absolute income is 344,143 €.
The current yield of 6,9%.
There is a possibility to take a credit 70 to 80% of the cost with the rate about 2–2,5%.
The tenant is H& M.
Perpetual lease contract, an agreement on the non-termination is signed until 2017, tenant wants to extend it.
Purchase costs regulated by law
- Transfer tax 3.5%
- Agent commission 3.6% (incl. VAT), for buy-to-let investors 3%
- Registration fee 1.1%
- Legal fees 1.2–2.4% (incl. VAT), for buy-to-let investors 1–2%