A nursing home under construction
The projected area of the building is 6,240 m².
The land plot area is 5,200 m².
The nursing home includes 140 beds (90 rooms for permanent care and 40 apartments for independent living).
The construction of the property will be completed on December 31, 2019.
Absolute annual income is 804,294 €.
The current yield of 5.1%.
The tenant of the property is a nuring home.
The lease agreement is signed for 25 years.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
The brokerage fee is 4.76%.
Location and nearby infrastructure
The project is located in the city with the population of about 5 thousand people. The city center and the state clinic are situated within walking distance from the property. The distance to Munich is about 140 kilometres.