Three apartment buildings, Baden-Württemberg, Germany

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Three apartment buildings, Baden-Württemberg, Germany

12,000,000 €
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Total area: 3,670 m² Yield: 4.0% Completion in 2019
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Features
  • Operating Incomе: 480,000 €
  • Land area: 4,500 m²
  • Number of parking lots: 77
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 3.0%

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.

The buildings will be built in 2019.

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.

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If this property wasn’t for you, take a look at other apartment buildings for sale in Germany.

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Artem Ezhkov
Artem Ezhkov
Real Estate Expert Tranio in Baden-Wurttemberg
+44 20 3608 1267
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