It is an office building in the fourth of the largest cities in Austria.
The floor area of 1,735 m².
Plot of 3,362 m².
The object is already fully leased out to one tenant.
Absolute income is 215,014 €.
The current yield of 6,7%.
There is a possibility to take a credit 70 to 80% of the cost with the rate about 2–2,5%.
The tenant is SES Spar group.
The lease agreement is signed until 2023, agreement of non-termination is signed until 2018.
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%