Apartment house with restaurant and villa near Innsbruck

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Apartment house with restaurant and villa near Innsbruck

5,000,000 €
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Yield: 3.5%
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Features
  • Operating Incomе: 174,000 €
  • Land area: 2,900 m²
  • Number of parking lots: 45
  • Acquisition tax: 4.6%
  • Total apartments: 12

It is a complex investment consisting of apartment building, restaurant and villa.

Description

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.

Financial performance

Absolute income is 174,000 €.

The yield of 3,5%.

Transaction costs

Land registry tax of 1,1%.

RE purchase tax of 3,5%.

Location and nearby objects

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Supermarkets
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Schools
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Cafe and restaurants
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Hospitals
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Airports
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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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    • Bank financing from 2% annually
    • Construction site audits
    • Management company services