Commercial center, Rheinland-Palatinate, Germany

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Commercial center, Rheinland-Palatinate, Germany

2,140,000 €
991 € /m²
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  • Total area
    2,158 m²
  • Yield
    6.5%
  • Built in 
    2001
Details
Property parameters
  • Land area: 8,981 m²
  • Number of parking lots: 86
Financial performance
  • Annual income: 139,492 €
Transaction costs
  • Notary (state registration): 2.0%
  • Acquisition tax: 5.0%
  • Broker: 4.0% + VAT

Two detached buildings with retail premises.

Description

Total area of the property is 2,158 m²

The commercial center consists of two buildings, which are situated on one land plot. There are a supermarket, a shop and a restaurant situated in these building.

The property was built in 2001.

The purchase price of the commercial center includes a parking for 86 cars.

Financial performance

Absolute annual income is 139,492 €.

The current yield of 6.5%.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 5%.

The broker's fee of 4%.

Location and nearby infrastructure

The commercial center is located near the residential area of the city, in the state of Rheinland-Palatinate. The population of the city is more than 3 thousand people.

  • Property on the map
    Location right down to the building, street or city

Tranio helps to manage property after purchase

Our local team at Tranio in Germany will take up property management or recommend professional German partners.

Find out more
  • icon Property maintenance and insurance
  • icon Search for tenants, contracting, and control over rent collection
  • icon Arrangements for bookkeeping and tax advice

Сonstruction loan as an alternative to commercial property investment

Developers with a good track record that give warranties or procure a record in the land register.

There is no need to incorporate a legal entity or open an account in Germany.

No extra charges to maintain or operate the property.

Comparing a mixed-use building purchase with a construction loan

Investment vehicle
Mixed-use building
Construction loan
Yield per annum
6.5%
8—10%
Investment budget
2,140,000 €
from 300,000 €
Buying expenses
10—15%?
  • 1 – 1,5 % — lawyer
  • 2,3 – 3,2 % — notary and state registration
  • 3,5 % – 6,5 % — acquisition tax
  • 3-6% + VAT — broker's fee

Percentage of the property value

0—2%?

The expenses on an independent legal review of the project

Investment term
from 5 years
to 3 years
Risk level
Low
Moderate
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