An apartment building with residential and commercial spaces in the suburb of Augsburg.
Description
Building with a total area of more than 800 m²:
- 6 apartments + garage with a total area of 410 m²
- two commercial premises with a total area of 390 m²
The annual income is 58,000 €.
The yield is 3%.
The property is fully let.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
Brokerage fee is 3% + VAT 19% (total 3.57%).
The building is located in the federal state of Bavaria in the suburb of Augsburg. Distance from the property to the border of Augsburg — 1 km, to the city center of Augsburg — 7 km.
The population of Augsburg is 300,000 inhabitants.
Bavaria is a federal state in the south-east of Germany. With an area of 70,550 km² Bavaria is the largest German state by land area. With 13 million inhabitants it is Germany's second-most-populous state after North Rhine-Westphalia. Bavaria has one of the largest economies of any region in Germany, and in Europe.
