An apartment building in the suburbs of Dusseldorf.
Description
The house includes 13 apartments and a basement.
There are 4 garages in the territory of the property.
The building was built in 1968 and renovated in 2005.
Equipment
- all apartments have balconies
- double PVC windows
- gas heating system
Financial performance
Absolute annual income is 71,020 €.
The current yield of 5.5%.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.5%.
Brokerage fee is 6% + 19% VAT (in total 7.14%).
Location and nearby infrastructure
The property is located in 20 km from Düsseldorf, in a town with a population of more than 50 thousand people.
There are supermarkets, schools, a bank, and a post office in a walking distance from the building.
