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Building redevelopment project in Nuremberg.
The building with a total area of over 12,000 m² is located on a land plot of over 2,500 m².
The redevelopment of the building involves an increase in the total area up to 14,000 m². Possible purpose of the building: hotel/ boarding house/ apartment building for ~ 300 apartments/ etc.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
Brokerage fee is 4% + VAT 19% (total 4.76%).
The building is situated in the state of Bavaria, in the city center of Nuremberg. The population of Nuremberg is over 500,000 inhabitants.
Bavaria is a federal state in the south-east of Germany. With an area of 70,550 km² Bavaria is the largest German state by land area. With 13 million inhabitants it is Germany's second-most-populous state after North Rhine-Westphalia. Bavaria has one of the largest economies of any region in Germany, and in Europe.
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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.
We use a methodology that enables us to formulate requests and find good deals in the market
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
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
We can take over the management of your property or recommend a suitable management company
We will arrange a visit to the site to view one or more projects
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
If you have any questions about finding or buying a property, please do not hesitate to contact us via WhatsApp
We will respond during office hours.
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