Apartment building in Hesse.
Description
The building consists of 14 two- and three-room apartments ranging in size from 64 to 76 m².
All apartments have a balcony.
The building is in excellent condition.
The annual income is 92,500 €.
The yield is 3.5%.
The property is fully let.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6%.
Brokerage fee is 3% + VAT 19% (total 3.57%).
The building is located in Hesse, in a city with a population of about than 15,000 people.
Hesse is astate in the west-central part of Germany. Hesse is bounded by the states of Lower Saxony to the north, Thuringia to the east, Bavaria to the southeast, Baden-Württemberg to the south, Rhineland-Palatinate to the west, and North Rhine–Westphalia to the northwest. Its capital is Wiesbaden.