Apartment package in a nursing home, Rhineland-Palatinate, Germany

Additional information is provided after the signing of an NDA

Apartment package in a nursing home, Rhineland-Palatinate, Germany

1,764,000 €
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Total area: 548 m² Yield: 4.5%
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Features
  • Operating Incomе: 79,363 €
  • 3-floor building
  • Occupancy: 100%
  • Most recent total renovation: 2002
  • End of lease: 2026
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 3.6%

Ten apartments.

Description

The total area of the flats is 548 m².

The nursing home consists of 67 apartments (58 single apartments and 9 partner apartments). In 2002, the building was renovated.

Apartments are furnished.

Financial performance

Absolute annual income is 79,363 €.

The current yield of 4.5%.

The nursing home guarantees a rental income even if the apartment is not inhabited.

Tenants

The tenant is an organization that cares for older persons.

The lease agreement is valid through 2026.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 5%.

Brokerage fee is 3.57%.

The cost of ownership

The management company costs 6,017 € per year.

Location and nearby objects

The nursing home is located in the city with the population of about 30 thousand people, in the state of Rheinland-Palatinate.

More properties

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

You can see more retirement homes for sale in Rhineland-Palatinate elsewhere on our website.

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Enquire about this nursing home
Artem Ezhkov
Artem Ezhkov
Real Estate Expert Tranio in Rhineland-Palatinate
+44 20 3608 1267
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    When you submit a request, you agree to our terms and conditions
    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services