It is new residential building with office premises.
Description
Total area is 6,200 m²
The construction will be ended in 2017.
Absolute income is 1,050,000 €.
The current yield of 6.65%.
Notary fee of 1,5%.
RE purchase tax of 6.5%.
The broker's fee of 6%.
House is situated in the the fourth-largest city in Germany — Cologne.