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Condominium in Steinfurt-Borghorst with a 7.5% yield

5,670,000 €
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Total area: 6,212 m² Yield: 7.0%
  • Absolute return: 423,309 €
  • Land area: 10,900 m²
  • Built in 1965
  • Percentage of the rented area: 100%
  • Most recent total renovation: 1992

The portfolio of ten houses located in Steinfurt-Borghorst, North Rhine-Westphalia.

More than 6,200 m² of residential space on 10,900 m² area.


Houses belonging to the condominium were built at different times, the oldest in 1965, the newest in 1992.

There are 111 apartments in the complex with total area of 6,211,56 m², which are fully leased.

Buildings are regularly overhauled and are in excellent condition. Apartments are heated with natural gas.


Absolute income is 423,309 €.

The current yield of 7.5%.


The houses are located in one the most economically developed regions in Germany with one of the lowest unemployment rates. Public transport is in immediate vicinity to the objects.

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Sofiya Bulanova
Sofiya Bulanova
Real Estate Expert Tranio in Steinfurt
+44 20 3608 1267
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