Apartment building, Bavaria, Germany

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Apartment building, Bavaria, Germany

900,000 €
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Total area: 320 m² Yield: 3.5% Built in 1970
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Features
  • Operating Incomе: 31,500 €
  • Land area: 1,000 m²
  • 2-floor building
  • Most recent total renovation: 2012
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 3.0%

Two-storey apartment building with a large terrace and a pond.

Description

There is a living room, a kitchen, a dining room and a wellness center with a sauna and a swimming pool on the ground floor of 138 m².

On the first floor of 95 m² has a sheltered living area with a bathroom and a dressing room, an office, a workshop, an additional WC, a dressing room, a living room with a balcony, and two living rooms with an adjacent bathroom.

There is a rooftop studio of 92 m².

The building was built in 1970 and renovated in 2009 and 2012.

There is a garage in the territory of the property.

At the moment the house is not leased.

Financial performance

The projected annual income is 31,500 euros.

The projected yield is 3.5%.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 3.5%.

Brokerage fee is 3% + 19% VAT (in total 3.57%).

Location

The property is located in the federal state of Bavaria, in a town with a population of about 5 thousand people. The distance to Munich is 80 km.

The building is located not far from a kindergarten, a children's playground, a bank and various shops.

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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