Apartments for the elderly, Lower Saxony, Germany

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Apartments for the elderly, Lower Saxony, Germany

1,060,000 €
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Total area: 265 m² Yield: 4.5% Built in 2018
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Features
  • Operating Incomе: 47,680 €
  • 3-floor building
  • End of lease: 2038
  • Notary (state registration): 2.0%
  • Acquisition tax: 5.0%
  • Broker: 3.6%

Five flats in a nursing home under construction.

Decription

Total area of apartments is 265 m²

The construction of the new three-storey nursing home will be completed in Q2 2018. The nursing home will be included with 120 apartments with area of 42 — 70 m² Total area of the building is 5,900 m²

Apartments of the nursing home will be fitted with private kitchens, balconies and terraces. The building will be provided with a laundry.

There is a possibilty of payments by instalments.

The tenant is responsible for the management of the property.

Financial performance

Projected absolute annual income is 47,680 €.

The projected yield of 4.5%.

Tenants

The tenant is a nursing home chain.

The lease agreement was signed for 20 years with extension options for 2x5 years.

Transaction costs

Notary (state registration) is 2.5%.

Acquisition tax is 5%.

The brokerage fee is 3.57%.

Location and nearby objects

The nursing home is situated in the city with the population more than 30 thousand people, in the state of Lower Saxony. There is a public transport stop located within walking distance from the property. The distance to the airport of Munster-Osnabrueck is 30 kilometers.

More properties

If this property wasn’t for you, take a look at other retirement homes for sale in Germany.

You can see more retirement homes for sale in Lower Saxony elsewhere on our website.

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Enquire about this nursing home
Artem Ezhkov
Artem Ezhkov
Real Estate Expert Tranio in Lower Saxony
+44 20 3608 1267
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    When you submit a request, you agree to our terms and conditions
    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services