+44 20 3608 1267
Nursing house in Munich with a 4,6% yield

Photos available on request

Nursing house in Munich with a 4,6% yield

6,300,000 €
Mortgage calculator
Submit request
Total area: 1,237 m² Yield: 4.6%
  • Absolute return: 295,920 €
  • Land area: 9,954 m²
  • Built in 1982
  • 6-floor building
  • Renter: 100%
  • Number of parking lots: 13
  • Most recent total renovation: 2016
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 4.8%

It is a nursing house with ambulant services near the center of Munich.

Description

The total area of a six-storey building is 1,237 m².

The plot of 9,954 m².

The property was built in 1982 and has been renovated in 2016, good overall condition.

There is a parking for 13 cars.

The nursing house is fully leased out to a major tenant.

Financial performance

Absolute income is 295,920 €.

The current yield of 4,6%.

Tenants

The tenant is a managing company.

The lease agreement is signed for 15 years until 2031 with extension options for 2x5 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 central areas of Munich just 4 km from the Marienplatz.

There are shops, supermarkets, cafes, restaurants, pharmacy and public transportation in the neighborhood.

Similar listings

We are looking for similar ads

Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
Free advice on real estate in Munich
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%