Hostel for refugees in Bavaria

Photos available on request

Hostel for refugees in Bavaria

5,500,000 €
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Total area: 2,700 m² Yield: 8.0% Built in 1970
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Features
  • Absolute return: 438,000 €
  • Land area: 2,603 m²
  • Percentage of the rented area: 100%
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 7.1%

It is a hostel for refugees in one of the towns in South-Western Bavaria with a population of less than 5,000 people. Description

The total area of the building is 2,700 m².

The plot of 2,603 m².

The property was build and refurnished into residential property.

There are also two cellular antennas on the plot.

Financial performance

Absolute income is 438,000 €.

The current yield of 8%.

Tenants

The anchor tenant is a management operator.

The lease agreement is signed for a period from 2017 to 2027.

Cellular towers rent the land owned by the hostel, the lease agreements is valid until 2029.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 3,5%.

The broker's fee of 7,14%.

Additional information on request.

Location and nearby objects

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Supermarkets
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Schools
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Cafe and restaurants
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Hospitals
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Airports
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Enquire about this apartment building
Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services