- 27,285,000 €
- 4.7% yield
- Kiel Apartment building 13,100,000 €
- Basic parameters
- Photo
№ 1,873,117
Apartment building 8,024 m² in Kiel
13,100,000 €
1,632 € /m²
- Apartments 82
- Yield 4.0%
- Constructed 1982
- Price per key —
Key project parameters
- Total area
- 8,024 m²
- Apartments
- 82
- Constructed
- 1982
Project description
Apartment building in Kiel.
Description
Apartment building with a total area of 8,024 m² includes:
- 7 commercial premises with an area of 2,136 m²
- 82 apartments with an area of 5,888 m²
Tenants
- Agreement
- n/a
Financial performance
- Yield
- 4.0%
The current annual income is 654,747 €.
The current yield is 5%.
The expected annual income is 689,276 €.
The expected yield is 5.3%.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.5%.
Brokerage fee is 3% + VAT 19% (total 3.57%).
Location and nearby infrastructure
The building is located in Kiel. There are many well-known chain supermarkets, pharmacies, shops and restaurants in the immediate vicinity of the building.
Kiel is the capital and most populous city in the northern German state of Schleswig-Holstein, with a population of about 250,000 people.
Schleswig-Holstein is the northernmost of the 16 states of Germany, comprising most of the historical duchy of Holstein and the southern part of the former Duchy of Schleswig. The state lies on the base of Jutland Peninsula between the North Sea and the Baltic Sea.
More properties
If this ad doesn't suit you, have a look at the other apartment buildings for sale in Kiel.
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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.
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Property maintenance and insurance
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Search for tenants, contracting, and control over rent collection
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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
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