Apartment builidng, Bavaria, Germany

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Apartment builidng, Bavaria, Germany

885,000 €
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Total area: 246 m² Yield: 4.7%
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Features
  • Operating Incomе: 41,400 €
  • 4-floor building
  • Occupancy: 100%
  • Number of parking lots: 5
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 3.6%

A three-family house.

Description

The house includes 3 apartments: a four-room apartment, a three-room apartment and a studio with a rooftop terrace.

There is a garage for 5 cars on the ground floor of the building.

Financial performance

Absolute annual income is 41,400 €.

The current yield of 4,7%.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 3,5%.

The brokerage fee is 3.57%.

Location

The apartment building is located in a town in the district of Würzburg in the state of Bavaria.

The town is situated on the federal road and in a few kilometers from the highway. The center of Würzburg is about a 15-minute drive from the town.

Despite its excellent transport accessibility and the location close to the highways, the town is sited in a picturesque location not far from sunny vineyards and offers a wide range of services for outdoor activities.

In addition, there are many educational establishments and healthcare centers in the town.

The apartment building is located in the historic part of the town. Shops, cafes and restaurants are situated in a walking distance from the property.

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Enquire about this apartment building
Sofia Bulanova
Sofia Bulanova
Investment Consultant
+44 20 3608 1267
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    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services