- 27,285,000 €
- 4.7% yield
- Düsseldorf Apartment building 1,720,000 €
- Basic parameters
- Photo
№ 1,840,190
Apartment building 487 m² in Düsseldorf
1,720,000 €
3,531 € /m²
- Apartments 6
- Yield 3.8%
- Constructed 1920
- Price per key —
Key project parameters
- Total area
- 487 m²
- Land area
- 331 m²
- Apartments
- 6
- Number of parking lots
- 8
- Floors
- 4
- Constructed
- 1920
Project description
Apartment building with 6 flats in Düsseldorf.
Description
The property was built in 1920 and renovated in 1990.
Infracrtucture:
- parking (for 8 lots)
- garage
- storage rooms in the basement
- attic
It is possible to expand the living area using the attic.
Extra information
Car parks
Tenants
- Agreement
- n/a
Financial performance
- Yield
- 3.8%
Annual rental income is 65.000 €.
The current yield is 3,8%.
Transaction costs
The notary fee: 1.5 — 2%.
Acquisition tax: 6.5%.
Brokerage fee: 3% + 19% VAT (total 3.57%).
Location and nearby infrastructure
The building is located in Unterbilk, a borough of Düsseldorf, in the western part of Germany.
Unterbilk is an urban borough in the central part of Düsseldorf with a population of about 18,000.
The borough is home to governmental organizations and broadcast media offices including the one of the West German Broadcasting Corporation.
Unterbilk is also well-known as the location of the
North Rhine-Westphalia Academy for Sciences and Arts.
Düsseldorf is the capital of the federal state of North Rhine-Westphalia and a home to about 600 thousand people. The city belongs to Germany's top 5 economic, political, and cultural regions with the most developed transport infrastructure.
Düsseldorf has become a magnet for the major offices of many international companies such as E. O, Henkel Group, Vodafon Germany Metro AG, Daimler, Volkswagen AG.
More than 40 annual fairs are staged in a famous Messe Düsseldorf Exhibition Center that welcomes more than 1,5 million visitors every year.
More properties
If this ad doesn't suit you, have a look at the other apartment buildings for sale in Düsseldorf.
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.
-
Property maintenance and insurance
-
Search for tenants, contracting, and control over rent collection
-
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
Top 3 commercial properties of October
- 2,390,000 €
- 6.4% yield
- 2,280,000 €
- 5.0% yield
Similar listings
We select ads that may interest you.