Nursing home in Lower Saxony.
Description
The building has a total area of about 1,200 m².
Number of care places: 35.
Financial performance
The annual income is 175,000 €.
The yield is 6.9%.
Tenants
The lease with the nursing home operator is concluded until 2029.
Transaction costs
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 5%.
Brokerage fee is 3% + VAT 19% (total 3.57%).
Location and nearby infrastructure
The building is located in Lower Saxony, in the town with the population of about 25,000 people.
Lower Saxony is situated in northwestern Germany. It is the second largest state and fourth largest in population (7.9 million). Lower Saxony's major cities and economic centres are mainly situated in its central and southern parts.
