Apartment house under construction near the lake in Brandenburg

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Apartment house under construction near the lake in Brandenburg

6,164,000 €
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Total area: 2,056 m² Yield: 4.6% Completion in 2017.IV
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Features
  • Absolute return: 286,010 €
  • Number of parking lots: 18
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 7.1%
  • Total rooms: 16

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 7,14%.

Location

The property is situated near the lake.

Public transportation and railway station are in close proximity.

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Sofiya Bulanova
Sofiya Bulanova
Investment Consultant
+44 20 3608 1267
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    • Bank financing from 1.5% annually
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