- 27,285,000 €
- 4.7% yield
- Rhineland-Palatinate Mixed-use building 15,000,000 €
- Basic parameters
- Photo
№ 1,808,137
Business centre in Rhineland-Palatinate
15,000,000 €
- Total area —
- Yield 4.0%
- Lease term —
- Constructed 1956
Key project parameters
- Leasable area
- 11,585 m²
- Constructed
- 1956
Project description
Shopping center located in the city center in the federal state of Rhineland-Palatinate.
Description
The shopping center was built in 1965 and covers an area of 11,585 m².
The property for development by the investor. If the tenant leaves, a central location will help to easily attract new tenants.
Tenants
- Agreement
- n/a
Financial performance
- Yield
- 4.0%
The absolute annual income is 600,000 €.
The current yield is 4%.
The expected annual income is 1,400,000 €.
The expected yield is 9.3%.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 5%.
The brokerage fee is 4% + 19% VAT (in total 4.76%).
Location and nearby infrastructure
The property is located in the center of the city with a population of over 100 thousand people, in the federal state of Rhineland-Palatinate. The population of the city is constantly growing.
Rhineland-Palatinate — the land in the south-western part of Germany. The capital is the city of Mainz. The population of the region is more than 4 million people.
Rhineland-Palatinate is ahead of all German lands in terms of export. Important sectors of the economy are the winemaking, chemical, pharmaceutical industry and the production of auto parts. The main employer is the chemical and processing industry, which is represented by BASF in Ludwigshafen. There is the Gas Industry Training Center (jointly with OAO Gazprom) in Rheinland-Pfalz.
Forests occupy about 42% of the entire Rhineland-Palatinate (the largest biosphere reserve in Central Europe).
Rhineland-Palatinate is the largest wine region in Germany (there are 6 of the 9 wine-growing regions of Germany here).
The region is attractive for tourists due to a large number of museums, castles (over 200), churches, exhibitions.
The list of world cultural heritage of UNESCO includes 4 landmarks of the Rhineland-Palatinate.
More properties
If this ad doesn't suit you, have a look at the other shopping centers for sale in Rhineland-Palatinate.
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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
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- 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
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