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ID: 1354
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Quoting Reference Number:
EW RealEstate- 1354
€1,300,000
You will love this residential building with commercial premises. The property consists of 11 apartments and 2 commercial premises
Year built – 1993
Land Area – 4,440m2
Revenue from the rent – 105,744 per year (up to €121,572 if fully rented)
Rate of Return – 9.35%
Price - €1,300,000
DESCRIPTION
One of the commercial areas is rented by a chain of supermarkets NETTO. At the moment, 3 apartments are available for rent and the remaining areas are leased and bring a high income.
Kolditz is located in Saxony free land, between the cities of Leipzig and Dresden. The population of the commune is about 6,000 people.
If you are interested in other properties, you can leave a request on our web site. Our representative will contact you shortly to assist you and answer the questions you might have.
Do not miss a unique opportunity to have a commercial building in Germany!
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PROPERTY DETAILS
- Type of Property: Apartment house
- Property Type: Secondary market
- Status: Good
- Location: Leipzig, Saxony, Germany
- Living Area: 1777.8 m²
- Land Area: 4440 m²
- Total Area: 1777.8 m²
- Sale Price: €1,300,000
Financial Information
Price
€1,300,000
Rent Income per year
€121572
Rent Income per month
€10131
Profitability
9,35%
Payback
10.7 years
Installment
Mortgage
Purchase Cost
Agency commission
7,14%
Tax on the purchase
3,5%
Services notary
1%
Inventory
0,5%
Rental services
Services of the management company
OTHER INFO
ATTRIBUTES
Living Area: 1777.8 m²
Land Area: 4440 m²
Total Area: 1777.8 m²
Year Built: 1993
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