A package of 5 apartments in a nursing home in the land of North Rhine-Westphalia.
Description
A package of 5 apartments in a nursing home.
The nursing home includes:
- 40 rooms
- care areas
- utility rooms
The absolute annual income is 60,346 €.
The current yield is 4,1%.
The lease agreement is valid untill 31.12.2038 + 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 6,5%.
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 a town with the population about 45,000 people in the administrative district of Cologne (North Rhine-Westphalia).
Cologne is the city with the population over 1 million inhabitants in the state of North Rhine-Westphalia. The city is the 4th by population and the 3rd by area in Germany.
Cologne is one of the largest economic and cultural centers of the country.
Today the leading positions in Cologne are taken by:
- automotive and automobile industry (centers and subsidiaries of Ford, Toyota, Grundig, Siemence AG)
- chemical industry (pharmaceutical concern Bayer)
- food industry (the main branch of one of the largest companies producing confectionery products Stolwerk, breweries)
- oil refining industry (in industrial areas in the south)
- textile industry and production of building materials
Cologne has long been one of the largest transport centers in Europe.
Through Cologne passes the famous 1st high-speed international express Cologne-Paris. The city is surrounded and permeated with a network of high-quality autobahns, 8 bridges are transferred across the Rhine, 2 of them are railways.
The international airport of Cologne is mainly a landing pad for low-cost airlines. Its patency is more than 6 million passengers. Here is the leading center of Lufthansa.
There is a modern network of public transport in the city, more than 50 km of metro tram underground routes.
Cologne is about 60 km away.