Apartment package, Baden-Wurttemberg, Germany

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Apartment package, Baden-Wurttemberg, Germany

2,004,000 €
5,047 € /m²
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  • Total area
    397 m²
  • Yield
    3.8%
  • Built in 
    2018
Details
Property parameters
  • Number of parking lots: 24
Financial performance
  • Annual income: 76,224 €
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 3.0% + VAT

Ten rental flats.

Description

Apartments in the student dormitory under construction.

The dormitory consists of 49 single-room apartments and 20 double-room apartments. The building has an underground parking for 24 cars and a laundry.

The area of the flats varies from 16 to 55 m²

The living area of five apartment is 397 m²

Financial performance

The rental price of 1 m² is 16 euros.

The projected absolute annual income is 76,224 €.

The projected yield is 3.8%.

Transaction costs

Notary fee of 1.5–2%.

RE purchase tax of 5%.

The broker's fee of 3%.

Location

The student dormitory is located in the developed area of the city. The University is situated within 20 minutes drive via public transport. The population of the city is more than 100 thousand people.

More properties

If this ad doesn't suit you, have a look at the other block of flats for sale in Baden-Württemberg.

All ads in the country: block of flats for sale in Germany.

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