Residential complex, Karlsruhe, Baden-Württemberg, Germany

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Residential complex, Karlsruhe, Baden-Württemberg, Germany

5,600,000 €
5,063 € /m²
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  • Total area
    1,106 m²
  • Yield
    3.5%
  • Rental rate (m²/month)
    15 €
Details
Property parameters
  • Leasable area: 1,106 m²
  • Total apartments: 14
  • Number of parking lots: 20
Financial performance
  • Annual income: 199,080 €
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 6.0% + VAT

Residential complex, being under construction.

Description

Residential complex with an underground parking with eight individual parking spaces and six two-level parking spaces.

The complex accommodates 14 flats of which:

  • 3 — studios
  • 10 — one-bedroom flats
  • 1 — a two-bedroom flat

Equipment

  • parquet floors
  • underfloor heating
  • three-layer glazing
  • video intercom

Financial performance

Projected annual income is 199,080 €.

Projected current yield is 3.5%.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 5.0%.

Brokerage fee is 6% + 19% VAT (total 7.14%).

Location

Baden-Württemberg is a region with a highly developed economy and one of the lowest unemployment rates in Germany.

The property is located in a famous city, in a district with a developed infrastructure, near a bus stop, a metro station, several schools, a kindergarten and a well-groomed green area and is surrounded by many shops, pharmacies, bars and restaurants.

More properties

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

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

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