Apartment buildings under construction with commercial areas.
3 apartment buildings (buildings A, B, C) with commercial areas on the territory of the residential complex.
The residential complex includes:
- 3 apartment buildings with 32 apartments
- 7 separate houses
- ground and underground parking
- utility room with washing and drying machines
- bathrooms with bath and window
- additional WC (in 3 and 4-room apartments)
- dressing rooms
- balcony or terrace
- cellar for each apartment
Building Permission/ Pre-authorization for construction: the procedure for changing plan B is being implemented, related to the construction approved by the city.
Start of construction: 2018–2019.
The projected annual income is 480,000 €.
The projected yield of 4,0%.
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 3,5%.
Brokerage fee is 3% + VAT 19% (total 3,57%).
The property is located in the suburbs of Nuremberg. The population of Nuremberg is more than 500,000 people, the city is the 2nd largest in Bavaria (after Munich). The region of Nuremberg with its nearly 2 million population, 10,000 km2 of land and a contribution to the gross national product of 50 billion euros belongs to the economically strongest regions of Germany.
The property is located in a residential area with developed infrastructure. In a walking distance from the facility there is a supermarket Netto Marken-Discount, food stores, an ATM, a hairdresser, a police station, a motor show, a bus stop and a suburban train station.
Nuremberg Central Station is about 20 minutes away by car or by train.