A three-storey building with living premises.
Description
Total area of the building is 4,500 m²
The nursing home includes 100 habitable rooms. The area of each room is 30 m²
The building was built in 2015.
Financial performance
Absolute annual income is 800,000 €.
The current yield of 4%.
The indexation of rental revenue is proportional to inflation.
Loan
It is possible to obtain bank loan for 60% of the value of the property at 1.75% per annum.
Tenants
The tenant is an experienced company, which is specializing in caring for the elderly.
The lease agreement is signed for 20 years.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
The broker's fee of 4%.
Location and nearby infrastructure
The nursing home is located in an unpolluted area popular among elderly people, in the suburb of Munich.
