A package of three shopping centers in the centers of the German cities.
Three shopping centers with a total leasable area of 65,000 m².
The annual net income is € 4,290,000.
The net yield is 6.1%.
There is a possibility to increase the annual income up to € 5,500,000.
Notary (state registration) is 1.5–2%.
Acquisition tax is 3.5 – 6% (depending on the property location).
Brokerage fee is 3% + VAT 19% (total 3.57%).
- two shopping centers are located in the federal state of Saxony, in the center of cities with a population of about 600,000 and 30,000 inhabitants;
- one shopping center is located in the federal state of Mecklenburg-Vorpommern, in the city center with a population of 60,000 inhabitants.
Saxony is a federal land in the FRG, located in the east of the country. The capital city is Dresden. The population of the region is more than 4 million people.
The most important branch of industry is automobile with a share of 27% of all sales. It is followed by the metallurgical sector with a share of 13%, machine construction with a share of 12%, as well as electrical engineering/ microelectronics with a share of 11.6% of Saxony's industrial turnover.
Saxony is known in the world for its higher education institutions with long traditions and high status: Leipzig University, Dresden Technical University, Freiberg Mining Academy.
Saxony attracts numerous tourists with the presence of many world-class culture monuments, delightful natural landscapes, and a well-developed tourist infrastructure.
Mecklenburg-Vorpommern is one of German states in the north-east of the country. It covers an area of about 23,290 km². Its population reaches 1,6 million.
Over 10 million tourists visit the cities of federal state annually.