Apartment in a nursing home, Bavaria, Germany

Additional information is provided after the signing of an NDA

Apartment in a nursing home, Bavaria, Germany

1,159,000 €
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Yield: 5.0%
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Features
  • Operating Incomе: 57,968 €
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 5.0%

Package of ten apartments in a nursing home.

Description

The residential complex consists of 89 apartments ranging from 37 m² to 68 m². The apartments are of two types: Assisted living (32 apartments) and Care apartments (57 apartments).

It is possible to purchase packages of several apartments. The cost of apartments ranges from 92,635 € to 127,488 €.

Property of this type is sought-after for tenants. The owner gets long-term rent revenue for the low-cost investment.

Interior

All Assisted living apartments are equipped with wheelchairs, a separate living room and bedroom, a balcony or terrace, a separate bathroom with shower, a separate kitchen and an entrance hall with a built-in wardrobe. In addition, there are common treatment rooms that can be used by all residents.

All Care apartments are equipped with everything necessary for the use of wheelchairs, have a living room/ bedroom, balcony/ terrace, a separate bathroom with shower and an entrance hall with a built-in wardrobe.

Financial performance

The projected annual income is 57,968 €.

The projected yield is 5.0%. 

Tenants

The tenant is an organization for the care of the elderly.

The lease agreement is valid through 20 yesrs and includes extension options.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 3,5%.

The brokerage fee is 5% + 19% VAT (in total 5.95%).

Location and nearby objects

The residential complex is located in a resort village in the federal state of Bavaria. The electric vehicle charging station E-WALD, a supermarket, a restaurant, a pizzeria and a park are located in the immediate vicinity. 

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

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Enquire about this apartments package
Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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    When you submit a request, you agree to our terms and conditions
    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services