Three apartment buildings, Baden-Württemberg, Germany

Additional information is provided after the signing of an NDA

Three apartment buildings, Baden-Württemberg, Germany

12,000,000 €
3,269 € /m²
Mortgage calculator
Learn the property location
Send the listing to yourself
  • Total area
    3,670 m²
  • Yield
    4.0%
  • Built in 
    2019
Details
Property parameters
  • Land area: 4,500 m²
  • Number of parking lots: 77
Financial performance
  • Annual income: 480,000 €
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 3.0% + VAT

Three apartment buildings under construction in a popular residential area.

Description

The property consists of three buildings with a total area of 3,670 m² and includes 32 apartments.

There will be a parking for 77 cars in the territory of the property.

The property has a preliminary building permit.

Equipment

  • basement
  • elevator
  • bathrooms
  • WC
  • dressing room
  • balcony or terrace

Financial performance

The projected annual income is 480,000 €.

The projected 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 9 thousand people.

Convenient traffic intersection connects the property with important areas of the city.

There are shops, kindergartens, schools, an outdoor swimming pool, sports clubs and a library nearby.

  • 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
12,000,000 €
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
Request the relevant projects

Similar listings

We select ads that may interest you.

Not sure what to start with? Send an advice request
Our expert will contact you to help with selecting real estate.
Ask a question
    I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
    Marina Filichkina,
    Head of Sales
    Send a request