It is a complex investment consisting of apartment building, restaurant and villa.
The properties are situated on the same plot area of 2,900 m².
Apartment building accomodates 12 flats ranging from 30 to 115 m².
There is a parking for 45 cars.
The restaurant has 120 inner seats and 80 seats on the terrace. It has been leased previously, at the moment the restaurant is run by the owners.
The villa has area of 320 m², it can accommodate up to 16 people. The villa is used at the moment as owner's quarters, however it may be leased out.
The properties feature parquet floors with heating. Fitted kitchens, bathrooms. Cable TV.
Absolute income is 174,000 €.
The yield of 3,5%.
Land registry tax of 1,1%.
RE purchase tax of 3,5%.
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%