Two turnkey apartment buildings under construction.
The houses include 9 residential units:
- Rooms in total: 49
- Bathrooms: 10
- Bedrooms: 20
Individual planning of living spaces and equipment is possible.
- Heated floors
- Cable TV
- 10 underground parking spaces
- Terrace and balcony
- Modern heating technology
- Stonework with the usage of natural materials
- Video intercom with color display
- Electric shutters
- Smart Home System
- Carefully selected parquet and tiles
The indicated price is based on the current estimated cost of planning.
Date of substantial completion: 31/08/2019
Absolute annual income is 187,560 €
Current yield is 4,7%
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 5%.
Brokerage fee is 6% + VAT 19% (total 7,14%).
Location and nearby objects
The property is located in a town of nearly 120,000 inhabitants in the federal state of Baden-Württemberg, in the southwest of Germany. It is situated between the cities of Stuttgart (near 50 km) and Karlsruhe (near 30 km).
Unemployment rate: 5.5% as of June 2018.
Purchasing power: 22,059 euros per capita.
The location is a cleared plateau 352 m above sea level and is U-shaped by the forest. It is close to the park and has direct access to the hiking trails. Buses run every 30 minutes to the center of the city.