Apartment building, Wuppertal, Germany

Additional information is provided after the signing of an NDA

Apartment building, Wuppertal, Germany

1,220,000 €
Mortgage calculator
Send a request
Total area: 1,230 m² Yield: 7.1% Built in 1954
Send a request
Features
  • Operating Incomе: 87,750 €
  • Land area: 715 m²
  • 5-floor building
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 4.0%

Five-storey apartment building in the city center.

Description

The building was built in 1954 and now is in good condition.

The apartment building consists of two buildings with 24 apartments.

The buildings are leased out.

Equipment

  • balconies 
  • backyard garden
  • gas heating system
  • basement storage rooms 

Financial performance

Absolute annual income is 87,750 €.

The current yield is 7,1%.

Transaction costs

Notary fee is 1.5 – 2%.

Acquisition tax is 6,5%.

The broker's fee is 4% + 19% VAT (in total 4.76%).

Location

The apartment building is located in the city center of Wuppertal in North Rhine-Westphalia. The building is situated on a quiet street, just a several minutes' walk from the city center. There are a few schools, kindergartens and supermarkets near the building. 

More properties

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

You can see more apartment buildings for sale in Wuppertal elsewhere on our website.

Similar listings

We select ads that may interest you.

Enquire about this apartment building
Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
Send a request
    When you submit a request, you agree to our terms and conditions
    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services