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Apartment house in Dresden with a 4,4% yield

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Apartment house in Dresden with a 4,4% yield

1,400,000 €
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Total area: 620 m² Yield: 4.4%
  • Absolute return: 62,193 €
  • Land area: 560 m²
  • Built in 1996
  • Renter: 100%
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 5.0%
  • Total apartments: 7

There are seven residential apartments in Dresden.

Description

First-class apartments with total area of 620 m² located a few houses on a plot of 560 m². The houses were built in 1996.

All apartments have high quality furnishings and spacious balconies.

There is also an underground parking.

Financial performance

Absolute income is 62,193 €.

The current yield of 4,4%.

Tenants

All apartments are leased.

Transaction costs

The broker's fee is 70,000 €.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in Dresden
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