Residential complex, being under construction.
Description
Residential complex with an underground parking with eight individual parking spaces and six two-level parking spaces.
The complex accommodates 14 flats of which:
- 3 — studios
- 10 — one-bedroom flats
- 1 — a two-bedroom flat
Equipment
- parquet floors
- underfloor heating
- three-layer glazing
- video intercom
Projected annual income is 199,080 €.
Projected current yield is 3.5%.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 5.0%.
Brokerage fee is 6% + 19% VAT (total 7.14%).
Baden-Württemberg is a region with a highly developed economy and one of the lowest unemployment rates in Germany.
The property is located in a famous city, in a district with a developed infrastructure, near a bus stop, a metro station, several schools, a kindergarten and a well-groomed green area and is surrounded by many shops, pharmacies, bars and restaurants.