Apartment building, Baden-Württemberg, Germany

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Apartment building, Baden-Württemberg, Germany

12,500,000 €
3,601 € /m²
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  • Total area
    3,471 m²
  • Yield
    4.0%
Details
Property parameters
  • Land area: 4,500 m²
  • Number of parking lots: 41
Financial performance
  • Annual income: 500,000 €
Tenants
  • Fully let
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 3.0% + VAT

Apartment building.

Description

The property includes 40 apartments with a total area of 3,471 m².

The building is in good condition.

There is a parking for 41 cars in the territory of the property.

Financial performance

The absolute annual income is 500,000 €.

Current yield is 4%.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 5%.

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

Location

The property is located in one of the cities of the federal state of Baden-Württemberg with a population of more than 60 thousand people.

The city has developed industry and services.

There are mountains of France — Vosges nearby.

The distance to Strasbourg is 20 km.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

Tranio helps to manage property after purchase

Our local team at Tranio in Germany will take up property management or recommend professional German partners.

The terms and conditions of our engagement depend on the condition and location of the property and are to be discussed in each particular case.

Find out more
  • icon Property maintenance and insurance
  • icon Search for tenants, contracting, and control over rent collection
  • icon Arrangements for bookkeeping and tax advice

Сonstruction loan as an alternative to commercial property investment

Developers with a good track record that give warranties or procure a record in the land register.

There is no need to incorporate a legal entity or open an account in Germany.

No extra charges to maintain or operate the property.

Comparing a apartment building purchase with a construction loan

Investment vehicle
Apartment building
Construction loan
Yield per annum
4.0%
8—10%
Investment budget
12,500,000 €
from 300,000 €
Buying expenses
10—15%?
  • 1 – 1,5 % — lawyer
  • 2,3 – 3,2 % — notary and state registration
  • 3,5 % – 6,5 % — acquisition tax
  • 3-6% + VAT — broker's fee

Percentage of the property value

0—2%?

The expenses on an independent legal review of the project

Investment term
from 5 years
to 3 years
Risk level
Low
Moderate
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