+44 20 3608 1267

Apartment house in Monchengladbach with a 5,9% yield

2,390,000 €
Mortgage calculator
Submit request
Total area: 1,580 m² Yield: 5.9%
  • Absolute return: 141,624 €
  • Land area: 1,409 m²
  • Built in 1975
  • Renter: 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.

Description

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%.

Similar listings

We are looking for similar ads

Anna Kurianovich
Anna Kurianovich
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 1.5%