Apartment building with 6 flats in Düsseldorf.
Description
The property was built in 1920 and renovated in 1990.
Infracrtucture:
- parking (for 8 lots)
- garage
- storage rooms in the basement
- attic
It is possible to expand the living area using the attic.
Annual rental income is 65.000 €.
The current yield is 3,8%.
The notary fee: 1.5 — 2%.
Acquisition tax: 6.5%.
Brokerage fee: 3% + 19% VAT (total 3.57%).
The building is located in Unterbilk, a borough of Düsseldorf, in the western part of Germany.
Unterbilk is an urban borough in the central part of Düsseldorf with a population of about 18,000.
The borough is home to governmental organizations and broadcast media offices including the one of the West German Broadcasting Corporation.
Unterbilk is also well-known as the location of the
North Rhine-Westphalia Academy for Sciences and Arts.
Düsseldorf is the capital of the federal state of North Rhine-Westphalia and a home to about 600 thousand people. The city belongs to Germany's top 5 economic, political, and cultural regions with the most developed transport infrastructure.
Düsseldorf has become a magnet for the major offices of many international companies such as E. O, Henkel Group, Vodafon Germany Metro AG, Daimler, Volkswagen AG.
More than 40 annual fairs are staged in a famous Messe Düsseldorf Exhibition Center that welcomes more than 1,5 million visitors every year.
