Currently, the property undergoes renovations.
The completion of renovations is planned for the second quarter of 2018.
The projected yield is 6%.
The seller provides a warranty for the rental of apartments.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6%.
The brokerage fee is 6% + 19% VAT (in total 7.14%).
Location and nearby objects
The property is located in the central area of the town with a population of fewer than 20 thousand people in the federal state of Hesse.
There are retail stores, a pharmacy, a branch of the bank and a post office in a walking distance from the building.