Apartment building with commercial premises, Stuttgart, Germany

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Apartment building with commercial premises, Stuttgart, Germany

18,750,000 €
3,273 € /m²
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  • Total area
    5,727 m²
  • Yield
    3.0%
  • Built in 
    1971
Details
Property parameters
  • Land area: 7,448 m²
  • Number of parking lots: 64
Financial performance
  • Annual income: 556,469 €
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 4.0% + VAT

Apartment building.

Description

Total area of the property is 5,727 m².

The living area is 4,849 m². The commercial area is 878 m².

The construction was built in 1971.

The building consists of 64 apartments.

The purchase includes 64 parking spaces.

Financial performance

Absolute annual income is 556,469 €.

The current yield of 3.0%.

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 5.0%.

The broker's fee of 4%.

Location and nearby infrastructure

The building is located in Stuttgart, in the federal state of Baden-Württemberg.

  • Property on the map
    Location right down to the building, street or city

Tranio helps to manage property after purchase

Our local team at Tranio in Germany will take up property management or recommend professional German partners.

Find out more
  • icon Property maintenance and insurance
  • icon Search for tenants, contracting, and control over rent collection
  • icon Arrangements for bookkeeping and tax advice

Сonstruction loan as an alternative to commercial property investment

Developers with a good track record that give warranties or procure a record in the land register.

There is no need to incorporate a legal entity or open an account in Germany.

No extra charges to maintain or operate the property.

Comparing a apartment building purchase with a construction loan

Investment vehicle
Apartment building
Construction loan
Yield per annum
3.0%
8—10%
Investment budget
18,750,000 €
from 300,000 €
Buying expenses
10—15%?
  • 1 – 1,5 % — lawyer
  • 2,3 – 3,2 % — notary and state registration
  • 3,5 % – 6,5 % — acquisition tax
  • 3-6% + VAT — broker's fee

Percentage of the property value

0—2%?

The expenses on an independent legal review of the project

Investment term
from 5 years
to 3 years
Risk level
Low
Moderate
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