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Apartment house in Monchengladbach

2,390,000 €
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Total area: 1,580 m² Yield: 5.9% Built in 1975
  • Absolute return: 141,624 €
  • Land area: 1,409 m²
  • Percentage of the rented area: 100%
  • Most recent total renovation: 2014
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 3.6%

It is a multy-family house investment.


The building with total area of 1,580 m² was constructed in 1975.

The plot of 1,409 m².

The house accomodates 39 apartments with diesel heating.

The property is in good overall condition (last renovation took place in 2014) and fully leased out.

Financial performance

Absolute income is 141,624 €.

The current yield of 5,9%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6,5%.

The broker's fee of 3,57%.

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