It is a house in one of the cities south-east of Berlin with a population of more than 5,000 people.
Description
Total area of the property is 2,056 m².
There will be 16 apartments and five commercial premises.
The apartments will feature heated oak parquet floors, balconies and terraces, walk-in showers.
The building will be equipped for people with disabilities, there will be an elevator.
The house will be completed by the end of 2017.
Financial performance
Projected income is 286,010 €.
The projected yield of 4,6%.
Transaction costs
Notary fee of 1,5%.
RE purchase tax of 6,5%.
The broker's fee of 6%.
Location
The property is situated near the lake.
Public transportation and railway station are in close proximity.
