Apartment house in Hessen, Germany

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Apartment house in Hessen, Germany

Price on request
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Yield: 6.0%
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Features
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 6.0%

Multi-apartment house.

Description 

Currently, the property undergoes renovations.

The completion of renovations is planned for the second quarter of 2018.

Financial performance

The projected yield is 6%.

Tenants

The seller provides a warranty for the rental of apartments.

Transaction costs

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.

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Enquire about this apartment building
Sofia Bulanova
Sofia Bulanova
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