It is a complex of two buildings, furnished to accommodate the refugees.
The total building area is 850 m², of which:
- 600 m² – the first building;
- 250 m² – the second building.
The plot of 1,800 m².
The property is fully leased out.
Absolute income is 183,600 €.
The current yield of 10,5%.
The tenant is Bavaria state.
The lease agreement is signed for 5 years.
Notary fee of 1,5%.
RE purchase tax of 3,5%.
The broker 's fee of 4,76%.
The property is situated in one of the small towns in Western Bavaria.
Munich is within 90 km distance.