Apartment building, Mainz, Germany

Additional information is provided after the signing of an NDA

Apartment building, Mainz, Germany

3,500,000 €
Mortgage calculator
Send a request
Total area: 833 m² Yield: 5.0% Built in 1962
Send a request
Features
  • Operating Incomе: 175,000 €
  • Most recent total renovation: 2016
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 6.0%

Residential house with commercial premises.

Description

The area of the house is 833 m²

The building consists of 14 apartments, a cafe and an office unit.

The property was built in 1962. In 2016, the building was renovated.

Financial performance

Absolute annual income is 175,000 €.

The current yield of 5%.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 5%.

The brokerage fee is 5.95%.

Location and nearby objects

The apartment building is located in the city of Mainz, in the state of Rheinland-Palatinate. There is a promenade situated in proximity from the property. The population of the city is about 200 thousand people.

More properties

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

You can see more apartment buildings for sale in Mainz elsewhere on our website.

Similar listings

We select ads that may interest you.

Enquire about this apartment building
Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Send a request
    When you submit a request, you agree to our terms and conditions
    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services