The annual income is 17,400 €.
The yield is 6.99%.
There is a long-lease tenant.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.5%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
The property is located in the federal state of Schleswig-Holstein, in a quiet residential area of a town with a population of about 10,000 people.
Schleswig-Holstein is the northernmost of the 16 states of Germany, comprising most of the historical duchy of Holstein and the southern part of the former Duchy of Schleswig. The state lies on the base of Jutland Peninsula between the North Sea and the Baltic Sea.