+44 20 3608 1267
Hostel for refugees in Swabia with a 10,5% yield

Photos available on request

Hostel for refugees in Swabia with a 10,5% yield

1,750,000 €
Mortgage calculator
Submit request
Total area: 850 m² Yield: 10.5%
  • Absolute return: 183,600 €
  • Land area: 1,800 m²
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 4.8%

It is a complex of two buildings, furnished to accommodate the refugees.

Description

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.

Financial performance

Absolute income is 183,600 €.

The current yield of 10,5%.

Tenants

The tenant is Bavaria state.

The lease agreement is signed for 5 years.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 3,5%.

The broker's fee of 4,76%.

Location

The property is situated in one of the small towns in Western Bavaria.

Munich is within 90 km distance.

Similar listings

We are looking for similar ads

Sofiya Bulanova
Sofiya Bulanova
Real Estate Expert Tranio in Bavaria
+44 20 3608 1267
Free advice on real estate in Bavaria
By clicking «Submit request», you agree with the terms of Tranio's User Agreement.
Submit request
    Send one more request
    • 0% commission to Tranio
    • Residence permit support
    • Mortgage rates from 1.9%