Student apartments in Augsburg, Bavaria, Germany

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Student apartments in Augsburg, Bavaria, Germany

173,000 €
8,238 € /m²
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  • Total area
    21 m²
  • Yield
    3.2%
Details
Property parameters
  • Total premises: 1
  • 1 floor
Financial performance
  • Annual income: 5,580 €
Tenants
  • Fully let
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 3.0% + VAT

Student apartment in Augsburg.

Description.

Furnished studio of 21 m².

On the ground floor of the building there is a lounge area, a public canteen and a TV room. There are also 2 communal roof-top terraces.

Equipment.

  • Modern furniture with a built-in kitchen
  • Modern bathroom with a shower
  • Floor-to-ceiling windows
  • Underfloor heating
  • Electric shutters.

Financial performance

Yield — 3.2%.

Tenants

The property is fully let.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 3.5%.

Brokerage fee is 3% + VAT 19% (total 3.57%).

Location and nearby infrastructure

The property is located in Bavaria, in the city of Augsburg, close to the city center and 30 minutes away from Munich.

With a population of 300,000 inhabitants, Augsburg is the third largest city in Bavaria and a major scientific and industrial center.

Bavaria is a federal state in the south-east of Germany. With an area of 70,550 km² Bavaria is the largest German state by land area. With 13 million inhabitants it is Germany's second-most-populous state after North Rhine-Westphalia. Bavaria has one of the largest economies of any region in Germany, and in Europe.

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If this ad doesn't suit you, have a look at the other student apartments for sale in Augsburg.

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    Marina Filichkina
    Marina Filichkina,
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