Apartment building, Lower Saxony, Germany

Additional information is provided after the signing of an NDA

Apartment building, Lower Saxony, Germany

794,000 €
Mortgage calculator
Send a request
Total area: 1,271 m² Yield: 5.9% Built in 1957
Send a request
Features
  • Operating Incomе: 46,680 €
  • Land area: 2,352 m²
  • 2-floor building
  • Occupancy: 73%
  • Number of parking lots: 14
  • Most recent total renovation: 2013
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 6.0%

The two-storey apartment building with a basement.

Description

The property was built in 1957 and renovated in 2013.

The building includes 15 residential premises.

4 apartments are vacant.

There is a parking for 14 cars in the territory of the house.

Energy Performance Certificate:

  • energy performance certificate type: Consumption
  • main energy sources: gas 
  • consumption value: 170,70 kWh/m²a 
  • valid until: 02.12.2018

Financial performance

Absolute annual income is 46,680 €.

The current yield of 5.9%.

Financial performance on the condition that all units are leased out:

Projected annual income is 63,300 €.

Projected yield of 8.0%.

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 5.0%.

Brokerage fee is 5.95%.

Location

The property is located in the residential area of the city with a population about 80,000, in the federal state of Lower Saxony. A bus stop, a park, a supermarket and restaurants are situated not far from the building.

Statistics in Germany

Price per m², €
4,749
Healthcare efficiency level
74
Crime rate
34
Real estate Price, €
Apartment in the city centre, m² 4,749.27
Apartment in a bedroom community, m² 3,287.01
Transport Price, €
Public transport, 1 ride 2.7
Monthly travel card 70.0
Taxi, 1 km 2.0
Petrol, 1 l 1.4
Food Price, €
Water, 1.5 l 0.35
Milk, 1 l 0.73
White bread, 500 g 1.29
Eggs, a dozen 1.67
Chicken fillet, 1 kg 7.33
Education Price, €
Kindergarten, per month 300.57
International school, per year 15,379.86
Health care index
Staff competence 77.95
Medical equipment 89.84
Research accuracy and completeness 75.51
Attitude towards patients 69.19
Security index
Crime rate 34.2
The risk of being robbed 32.38
The risk of car theft 31.92
The risk of break-in and property damage 42.93

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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 Lower Saxony elsewhere on our website.

Similar listings

We select ads that may interest you.

Enquire about this apartment building
Sofia Bulanova
Sofia Bulanova
Investment Consultant
+44 17 4822 0039
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
    Call us
    Send a request
    Location choice
    • еще ...
    • City, Region, Country
    Loading...
    • Nothing found
    • Nothing found