Nursing home, Bavaria, Germany

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Nursing home, Bavaria, Germany

22,800,000 €
1,850 € /m²
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  • Total area
    12,322 m²
  • Yield
    5.7%
Details
Financial performance
  • Annual income: 1,300,000 €
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 4.0% + VAT

A nursing home in Bavaria.

Description

A nursing home and a rehabilitation center.

Financial performance

The absolute annual income is 1,300,000 €.

The current yield is 5,7%.

Tenants

The remaining term under the lease agreement is 15 years.

Transaction costs

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

Acquisition tax is 3,5%.

Brokerage fee is 4% + VAT 19% (total 4,76%).

Location and nearby infrastructure

The property is located in Bavaria, in a town with the population about 50,000 people.

Bavaria is the largest in terms of area among the 16 federal states of Germany, it has the largest economic and scientific potential and it is in the lead in terms of economic growth. The population of Bavaria is more than 12 million people. The capital city is Munich.

Machine building is played the most important role in the economy of Bavaria, in particular, the automobile industry and the aerospace industry. Electrical engineering, precision mechanics, optics, the production of medical equipment, and the chemical industry are also developed.

The well-developed areas of Bavaria are:

  • metropolitan area of Munich (BMW, Audi, MAN, Knorr-Bremse, Seimens, Infineon Technologies, Microsoft, ProSiebenSat1, Sky Deutschland, Kabel Deutschland, publishing house Burda, EADS, Krauss-Maffei Weggmann)
  • Augsburg area (EADS, KUKA, UPM-Kymmene)
  • Ingolstadt (Media-Saturn-Holding)
  • ”Bavarian chemical triangle“ between Lake Chiemsee and the Inns and Salzach rivers)

Tourism is one of the main sources of income for Bavaria. The annual number of tourists in Bavaria exceeds 34 million people.

The most popular places are the Bavarian lakes, the Alps, as well as the cities of Munich, Augsburg, Regensburg with their historical sights, museums, beer gardens, fairs and the famous Oktoberfest.

The distance to Munich — 160 km, to Salzburg — 140 km.

More properties

If this ad doesn't suit you, have a look at the other retirement homes for sale in Bavaria.

All ads in the country: retirement homes for sale in Germany.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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