- 27,285,000 €
- 4.7% yield
- Mönchengladbach Office 2,498,000 €
- Basic parameters
- Photo
№ 1,897,209
Office 3,500 m² in Mönchengladbach
2,498,000 €
713 € /m²
- Total area 3,500 m²
- Yield 4.0%
- Lease term 2021
- Constructed 1989
Key project parameters
- Total area
- 3,500 m²
- Constructed
- 1989
Project description
Office space in the suburb of Mönchengladbach.
Description
Office with a total area of 3,500 m².
Tenants
- Agreement
- Yes
- End of lease
- 2021
The property is fully let. The tenant is a perfumery and chemical production.
The lease agreement is valid until the end of 2021.
Financial performance
- Yield
- 4.0%
The annual income is 125,000 €.
The yield is 5%.
Transaction costs
Notary (state registration) is 1.5–2%.
Acquisition tax is 6.5%.
Brokerage fee is 5% + VAT 19% (total 5.95%).
Location and nearby infrastructure
The building is located in the suburb of Mönchengladbach, in a town of about 20,000 inhabitants.
North Rhine-Westphalia is the land of the Federal Republic of Germany with a population of 17.5 million people (the most populated of the German lands). It ranks 4th in Germany in terms of area.
22% of Germany’s GDP comes from NRW. The main industry in NRW is engineering and equipment manufacturing, biotechnology, chemical industry, and etc.
North Rhine-Westphalia is the center of trade in Germany, because it houses the headquarters of several leading German trading concerns with the largest turnover, for example, Deutsche Telekom AG, ALDI NORD, Die Deutsche Post, Bayer, Lufthansa Group, REWE. DE.
More properties
If this ad doesn't suit you, have a look at the other offices for sale in Mönchengladbach.
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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
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
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