Apartment building, Baden-Württemberg, Germany

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Apartment building, Baden-Württemberg, Germany

1,450,000 €
3,258 € /m²
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  • Total area
    445 m²
  • Yield
    3.0%
  • Built in 
    1906
Details
Property parameters
  • Land area: 476 m²
  • 4-floor building
Tenants
  • Fully let
Property status
  • Most recent total renovation: 2013
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 3.0% + VAT

Apartment building.

Description

The building was built in 1906. It is a protected listed building and was renovated in 2013.

The building has five floors, including a cellar and an attic floor.

A central gas heating system is installed in the house.

The building includes four apartments.

Apartment sizes span between 74 m² and 153 m².

A parquet flooring, new windows, modern household appliances, high-quality bathroom fixtures are installed in the apartments.

Financial performance

The projected yield of 3–4%.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 5%.

The brokerage fee is 3% + 19% VAT (in total 3.57%).

Location

The apartment building is located in the center of a resort town in south-west Germany in the state of Baden-Württemberg. The real estate in this town is an excellent investment with a possibility of long-term price growth and its stability in short term.

There are many shops in a walking distance from the property.

The town offers ample opportunities for sports and culture.

In addition, the town has a good transport accessibility thanks to two federal highways and two roadways.

The town has a good access to three airports.

More properties

If this ad doesn't suit you, have a look at the other apartment buildings for sale in Baden-Württemberg.

All ads in the country: apartment buildings for sale in Germany.

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