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.

Statistics in Germany

Price per m², €
4,962
Healthcare efficiency level
74
Index 74 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
65
Index 65 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 4,962.39
Apartment in a bedroom community, m² 3,420.66
Transport Price, €
Public transport, 1 ride 2.7
Monthly travel card 70.0
Taxi, 1 km 2.0
Petrol, 1 l 1.41
Food Price, €
Water, 1.5 l 0.34
Milk, 1 l 0.71
White bread, 500 g 1.29
Eggs, a dozen 1.84
Chicken fillet, 1 kg 7.35
Education Price, €
Kindergarten, per month 309.39
International school, per year 14,421.73
Health care index
Staff competence 76.94
Medical equipment 89.26
Research accuracy and completeness 75.75
Attitude towards patients 68.17
Security index
Crime rate 34.26
The risk of being robbed 32.33
The risk of car theft 31.76
The risk of break-in and property damage 43.13

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

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Olga Starintseva
Olga Starintseva
Investment Consultant at Tranio
+44 17 4822 0039
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