Five flats in a nursing home under construction.
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.
Projected absolute annual income is 47,680 €.
The projected yield of 4.5%.
The tenant is a nursing home chain.
The lease agreement was signed for 20 years with extension options for 2x5 years.
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.