Apartment package in a nursing home, Bremen, Germany

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Apartment package in a nursing home, Bremen, Germany

587,000 €
3,225 € /m²
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  • Total area
    182 m²
  • Yield
    4.5%
  • Built in 
    2018
Details
Property parameters
  • 3-floor building
Financial performance
  • Annual income: 26,400 €
Tenants
  • No tenants
  • End of lease: 2038
Transaction costs
  • Notary (state registration): 2.5%
  • Acquisition tax: 5.0%
  • Broker: 3.0% + VAT

Four apartments in the nursing home under construction.

Description

Total area of apartments is 182 m²

The construction of the new three-storey nirsing home will be completed in Q2 2018. The nursing home will be included with 105 apartments with area of 45 — 48 m².

Area of the nursing home — 5,765 m²

There is a possibilty of payments by instalments.

The tenant is responsible for the management of the property.

Financial performance

Projected absolute annual income is 26,400 €.

The projected yield of 4.5%.

Tenants

The tenant is a nursing home chain.

The lease agreement is signed for 20 years & 6 months with extension option for 6 years.

Transaction costs

Notary (state registration) is 2.5%.

Acquisition tax is 5%.

The broker's fee of 3%.

Location

The nursing home is situated in a residential area of Bremen. There are a park, a physiotherapist's office, a supermarket and public transport stops located within walking distance from the property.

More properties

If this ad doesn't suit you, have a look at the other retirement homes for sale in Bremen.

All ads in the country: retirement homes for sale in Germany.

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