The total area of the flats is 249 m².
The nursing home consists of 67 apartments (58 single apartments and 9 partner apartments). In 2002, the building was renovated.
Apartments are furnished.
Absolute annual income is 43,204 €.
The current yield of 4.5%.
The nursing home guarantees a rental income even if the apartment is not inhabited.
The tenant is an organization that cares for older persons.
The lease agreement is valid through 2026.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 5%.
Brokerage fee is 3.57%.
The cost of ownership
The management company costs 2,843 € per year.
Location and nearby infrastructure
The nursing home is located in the city with the population of about 30 thousand people, in the state of Rheinland-Palatinate.