- 27,285,000 €
- 4.7% yield
- Augsburg Apartment building 1,950,000 €
- Basic parameters
- Photo
№ 1,933,991
Apartment building 800 m² in Augsburg
1,950,000 €
2,437 € /m²
- Apartments —
- Yield 4.0%
- Constructed 1950
- Price per key —
Key project parameters
- Total area
- 800 m²
- Land area
- 1,000 m²
- Constructed
- 1950
Project description
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
Extra information
Garden
Car parks
Balcony or terrace
Tenants
- Agreement
- n/a
The property is fully let.
Financial performance
- Yield
- 4.0%
The annual income is 58,000 €.
The yield is 3%.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
Brokerage fee is 3% + VAT 19% (total 3.57%).
Location and nearby infrastructure
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.
More properties
If this ad doesn't suit you, have a look at the other apartment buildings for sale in Augsburg.
All ads in the country: apartment buildings for sale in Germany.
Tranio helps to manage property after purchase
Our local team at Tranio in Germany will take up property management or recommend professional German partners.
The terms and conditions of our engagement depend on the condition and location of the property and are to be discussed in each particular case.
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Property maintenance and insurance
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Search for tenants, contracting, and control over rent collection
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Arrangements for bookkeeping and tax advice
Diversify your portfolio - invest from $1 million in the construction of residential complexes in Dubai
- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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