- 27,285,000 €
- 4.7% yield
- Schleswig-Holstein Apartment building 15,750,000 €
- Basic parameters
- Photo
№ 1,882,569
Apartment building in Schleswig-Holstein
15,750,000 €
- Apartments 195
- Yield 4.0%
- Constructed —
- Price per key —
Key project parameters
- Apartments
- 195
- Number of parking lots
- 41
Project description
Four apartment buildings and a building plot in Schleswig-Holstein.
Description
Portfolio includes:
- 195 apartments
- 25 garages
- 16 parking spaces
- plot of 1,628 m² for the construction of a residential building with a total living area of 2,039 m² (27 apartments + 16 parking spaces)
Extra information
Car parks
Tenants
- Agreement
- n/a
Financial performance
- Yield
- 4.0%
The current annual net income is 748,624 €.
The current net yield is 4.75%.
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 buildings are located in Kiel and Flensburg. There are many well-known chain supermarkets, pharmacies, shops and restaurants in the immediate vicinity of the buildings.
Kiel is the capital and most populous city in the northern German state of Schleswig-Holstein, with a population of about 250,000 people.
Flensburg is an independent town in the north of the German state of Schleswig-Holstein, the centre of the region of Southern Schleswig. After Kiel and Lübeck, it is the third largest town in Schleswig-Holstein. Population — 85,000 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 Schleswig-Holstein.
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.