A nursing house under construction.
Description
Area of the land plot is 7,400 m²
The nursing house will be comprised of 53 rooms.
The construction of the property will be completed in October 2017.
The nursing house is leased out. The lease agreement is valid through 2037.
Absolute annual income is 500,000 €.
The current yield of 6.5%.
Notary fee of 1.5%.
RE purchase tax of 3.5%.
The brokerage fee is 5.95%.
The nursing house is located in the city with the population of about 22 thousand people, in the state of Saxony.