+44 20 3608 1267
Apartment house under construction in Dresden with a potential yield of 4%

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Apartment house under construction in Dresden with a potential yield of 4%

1,685,000 €
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Total area: 580 m² Yield: 4.0%
  • Land area: 644 m²
  • Built in 2017
  • 3-floor building
  • Total rooms: 6
  • Terrace

It is a brand new apartment house for sale.

Description

The total area of the three-storey building is 580 m².

The plot of 644 m².

The house will accommodate six apartments area from 69,6 to 125,2 m², the biggest will have a spacious roof terrace.

The building has a basement, where each apartment will have its own storeroom. There will be six parking spaces outside the house.

 55 kWh/m².

Completion is scheduled for 2017.

Features

  • Heat pump;
  • Warm floor;
  • Triple-glazed windows;
  • External shading of windows;
  • Parquet and granite flooring.

Financial performance

Projected income (full occupancy) is 67,500 €.

The projected yield of 4%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 3,5%.

The broker's fee of 3,57%.

Location

The property is situated in Western Dresden in a very quiet side street.

Shops and public transportation are within the walking distance.

The city center is within 15 minutes by car, airport and main railway station are in 18 minutes drive.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in Dresden
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