An apartment building/ nursing home under construction in the federal state of Baden-Württemberg.
The property is at the design stage.
The development of the ”turnkey“ project.
The projected annual income is 700,000 €.
The projected yield of 4,0%.
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 5,0%.
Brokerage fee is 3% + VAT 19% (total 3,57%).
The property is located in the town with the population less than 20,000 people in the federal state of Baden-Württemberg.
The Baden-Württemberg region has a developed economy and the lowest unemployment rate in Germany. There are such world-famous companies as Mercedes-Benz, Audi Sport GmbH, Daimler AG, IBM, Karl Storz, Porsche AG, Robert Bosch GmbH, SAP, Voith, Testo, ZF Friedrichshafen AG.
One of the most important sectors of the economy is publishing, about 40% of all German books are published here.
There are 9 universities, 39 specialized universities, and about 130 scientific research institutions in the region. Heidelberg and Tübingen universities are among the oldest in Europe.
The beauty of nature and the abundance of historical attractions contribute to the development of tourism in the region.
There is a bakery, a hairdresser, a school, a tire shop, a garage in a walking distance.
The distance to Stuttgart Airport is about 100 km, to Munich Airport — about 140 km.