A package of 3 apartments in a nursing home in the land of Hesse.
Description
A package of 3 apartments in a 2-storey building with attic.
The nursing home includes:
- 28 single and twin rooms
- care areas
- utility rooms
- 2 dining rooms
The absolute annual income is 25,184 €.
The current yield is 4,5%.
The lease agreement is valid for 20 years + 2x5 years extension options.
The landlord is responsible for the maintenance of the roof and facade.
The owner repairs the building both inside and outside, and is engaged in the repair of supporting structures.
The contract provides for the indexation of rent.
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 6,0%.
Brokerage fee is 6% + VAT 19% (total 7,14%).
Service reserve — 3.00 € per year/ m².
Management company services — 300,00 € per year (including VAT).
The nursing home is located in the landscape region of Rhön (Fulda district in Hesse). The population of the area is more than 200,000 people.
Fankfurt am Main is the largest city in the land of Hessen and the 5th largest city in Germany. Frankfurt population is more than 730,000 people.
Frankfurt is the 2nd city in Germany and the 48th in the world in terms of the cost of living (Mercer Human Resource Consulting).
There are about 300 national and foreign banks in Frankfurt, including the European Central Bank, German Federal Bank and Frankfurt Stock Exchange.
The international airport is among 10 largest in the world. The city is the largest labor market in Germany, there are 922 jobs per 1000 inhabitants here.
There are the world's largest educational institutions in Frankfurt, including the world-famous Goethe University, which has about 150 offices in 90 countries.
Frankfurt am Main is about 110 km away.