- 27,285,000 €
- 4.7% yield
- Bavaria Nursing home 22,000,000 €
- Basic parameters
- Photo
№ 1,809,523
Retirement home 12,322 m² in Bavaria
22,000,000 €
1,785 € /m²
- Apartments 51
- Yield 4.0%
- Constructed —
- Price per key —
Key project parameters
- Total area
- 12,322 m²
- Land area
- 13,450 m²
- Apartments
- 51
Project description
Nursing house with rehabilitation center with a long-term lease agreement.
Description
The nursing house includes 51 apartments.
The property is in good condition.
Tenants
- Agreement
- Yes
- End of lease
- 2034
The current tenant has been renting the property for 20 years.
The new lease agreement is valid for 15 years.
Financial performance
- Yield
- 4.0%
The absolute annual income is 1,200,000 €.
The current yield is 5,5%.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3,5%.
Location and nearby infrastructure
The property is located in the federal state of Bavaria, in a city with a population of more than 50 thousand people.
Bavaria is the largest in terms of area among the 16 federal states of Germany, it has the largest economic and scientific potential and it is in the lead in terms of economic growth. The population of Bavaria is more than 12 million people. The capital city is Munich.
Machine building is played the most important role in the economy of Bavaria, in particular, the automobile industry and the aerospace industry. Electrical engineering, precision mechanics, optics, the production of medical equipment, and the chemical industry are also developed.
Tourism is one of the main sources of income for Bavaria. The annual number of tourists in Bavaria exceeds 34 million people. The most popular places are the Bavarian lakes, the Alps, as well as the cities of Munich, Augsburg, Regensburg with their historical sights, museums, beer gardens, fairs and the famous Oktoberfest.
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If this ad doesn't suit you, have a look at the other retirement homes for sale in Bavaria.
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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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