Package of apartments in a nursing home, Hesse, Germany

Additional information is provided after the signing of an NDA

Contact an agent at Tranio.com, and we will help find the perfect property for you, wherever it may be.

Package of apartments in a nursing home, Hesse, Germany

560,000 €
3,076 € /m²
Mortgage calculator
Learn the property location
Send the listing to yourself
  • Total area
    182 m²
  • Yield
    4.5%
Details
Financial performance
  • Annual income: 25,184 €
Tenants
  • No tenants
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 6.0% + VAT

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

Financial performance

The absolute annual income is 25,184 €.

The current yield is 4,5%.

Tenants

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.

Transaction costs

Notary (state registration) is 1,5 – 2%.

Acquisition tax is 6,0%.

Brokerage fee is 6% + VAT 19% (total 7,14%).

The cost of ownership

Service reserve — 3.00 € per year/ m².

Management company services — 300,00 € per year (including VAT).

Location

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.

More properties

If this ad doesn't suit you, have a look at the other block of flats for sale in Hessen.

All ads in the country: block of flats for sale in Germany.

Learn more about this property
Ask the Destination Manager your questions
Learn more
    I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
    Marina Filichkina
    Marina Filichkina,
    Head of Sales
    Learn more
    Similar listings

    We select ads that may interest you.

    Not sure what to start with? Send an advice request
    Our expert will contact you to help with selecting real estate.
    Ask a question
      I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
      Sofia Bulanova,
      Senior Investment Consultant
      flag icon
      Dubai, UAE
      Tranio Global Real Estate, Ohmydesk Business Center, Al Fattan Downtown, 32d St, 103-104, Al Satwa Dubai, UAE
      flag icon
      Torrevieja, Spain
      Tranio LLC, Calle del Palangre, 14, 03182 Torrevieja
      flag icon
      Athens, Greece
      Tranio LLC, Vissarionos, 4, 10672 Athens
      flag icon
      Berlin, Germany
      Tranio Germany GmbH, Schlüterstraße 38, 10629 Berlin
      Send a request