- 27,285,000 €
- 4.7% yield
- Essen Apartments package 574,000 €
- Basic parameters
- Photo
№ 2,504,264
All photos
Block of flats 387 m² in Essen
574,000 €
1,483 € /m²
- Total area 387 m²
- Yield 6.6%
- Lease term —
- Renovation 2017
Key project parameters
- Total area
- 387 m²
- Number of parking lots
- 2
- Floors
- 6
- Constructed
- 1965
Project description
The building has 11 apartments, and a package of 8 apartments is currently available for sale. The building, built in 1965, is very well maintained and consists of 6 floors. It has central gas heating.
The total area of the apartments is 387 m², of which 4 are 60-62 m² (3.5 rooms), while the others are smaller.
Some apartments are rented out at € 8.20 per m².
Extra information
Car parks
Tenants
- Agreement
- n/a
Financial performance
- Yield
- 6.6%
Location and nearby infrastructure
Essen's history dates back to the year 800, and the city is rich in cultural and historical attractions. The Messe Essen exhibition complex hosts major international trade shows every month, attracting professionals from around the world. Renting an apartment in Essen is always easy. The city is home to the headquarters of eight of the country's 100 largest corporations, and many highly qualified professionals work there. The city also has a large student population, who traditionally rent housing during their studies. Essen is home to the University of Duisburg-Essen, a member of the Ruhr Universities Alliance and welcoming students from around the world.
More properties
If this ad doesn't suit you, have a look at the other block of flats for sale in Essen.
All ads in the country: block of flats 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.