Office building, Baden-Württemberg, Germany

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Office building, Baden-Württemberg, Germany

5,600,000 €
1,244 € /m²
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  • Total area
    4,500 m²
Details
Property parameters
  • Number of parking lots: 40
Transaction costs
  • Notary (state registration): 1.5%
  • Broker: 3.0% + VAT

Office building for renovation in the center of the city.

Description

The project includes the development of three full floors and two attic floors.

A number of parking spaces: about 40 (underground parking).

The useful area is about 4,500 m².

At the moment the building is vacant.

Share Deal.

Transaction costs

The notary fee is 1.5 – 2%.

Brokerage fee is 3% + 19% VAT (total 3,57%).

Location and nearby infrastructure

The hotel is located in the federal state of Baden-Württemberg.

The population of the town is more than 50 thousand people.

More properties

If this ad doesn't suit you, have a look at the other office buildings for sale in Baden-Württemberg.

All ads in the country: office 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.

Find out more
  • icon Property maintenance and insurance
  • icon Search for tenants, contracting, and control over rent collection
  • icon Arrangements for bookkeeping and tax advice
Сonstruction loan as an alternative to commercial property investment

Developers with a good track record that give warranties or procure a record in the land register.

There is no need to incorporate a legal entity or open an account in Germany.

No extra charges to maintain or operate the property.

Comparing a office building purchase with a construction loan

Investment vehicle
Office building
Construction loan
Yield per annum
4%—5%
8—10%
Investment budget
5,600,000 €
from 300,000 €
Buying expenses
10—15%?
  • 1 – 1,5 % — lawyer
  • 2,3 – 3,2 % — notary and state registration
  • 3,5 % – 6,5 % — acquisition tax
  • 3-6% + VAT — broker's fee

Percentage of the property value

0—2%?

The expenses on an independent legal review of the project

Investment term
from 5 years
to 3 years
Risk level
Low
Moderate
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