Portfolio of apartment buildings, Hamburg, Germany

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Portfolio of apartment buildings, Hamburg, Germany

2,990,000 €
2,768 € /m²
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  • Total area
    1,080 m²
  • Yield
    5.6%
  • Built in 
    1960
Details
Property parameters
  • Land area: 2,060 m²
  • Total apartments: 7
  • Number of parking lots: 20
Financial performance
  • Annual income: 169,707 €
Tenants
  • Fully let
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 4.5%

3 residential buildings with commercial premises and development potential.

Description

Commercial area: 797.25 m² (9 units).

Living area: 282.68 m² (7 units).

Energy Performance Certificate — consumption value: 248.9 kWh/ m²

2 parking spaces in the garage and 18 open parking spaces.

Financial performance

Absolute annual income is 169,707 €

Current yield is 5,6%

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 4,5%.

Location

The facility is located in the southwest district of Hamburg with a population of about 29,000 people.

There is a pharmacy, restaurants, bars and cafes, banks and a bus stop (1 min on foot).

Hamburg is a city of federal significance with the population of more than 1.8 million people. It is the 2nd largest city in the country, the 7th largest and most populated non-capital city in the European Union, a major transport hub, as well as a river and sea port (the largest in Germany, the 2nd in Europe, and the 9th in the world).

There are about 60 museums, more than 40 theaters, and about 120 parks in Hamburg.

More properties

If this ad doesn't suit you, have a look at the other apartment buildings for sale in Hamburg.

All ads in the country: apartment buildings for sale in Germany.

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