+44 20 3608 1267

Apartment house with commercial premise in Monchengladbach with a 7,6% yield

Submit request
Total area: 976 m² Yield: 7.6%
  • Absolute return: 72,000 €
  • Land area: 1,032 m²
  • Built in 1965
  • 4-floor building
  • Renter: 100%
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 3.6%
  • Total apartments: 14

It is a mixed use apartment house investment.

Description

The building with total area of 976 m² was constructed in 1965.

The plot of 1,032 m².

The house accomodates 14 apartments and single commercial premise which is occupied by store. All premises have diesel heating.

The property is in good overall condition and fully leased out.

Financial performance

Absolute income is 72,000 €.

The current yield of 7,6%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6,5%.

The broker's fee of 3,57%.

Similar listings

We are looking for similar ads

Sergey Sharovatov
Sergey Sharovatov
Investment Consultant
+44 20 3608 1267
Free advice on real estate in Mönchengladbach
By clicking «Submit request», you agree with the terms of Tranio's User Agreement.
Submit request
    Send one more request
    • 0% commission to Tranio
    • Residence permit support
    • Mortgage rates from 1.9%