ID: 1360
House

Apartment house for sale Bremen, Germany

Enquire about this Property

€865,000

Enquire about this Property

Additional Information DESCRIPTION

You will love this residential building with commercial premises in Bremen.

Year built – 1910

Total Area – 493 m2

Revenue from the rent – 37,224 per year (up to €42,918 if fully rented)

Rate of Return – 5.7% (up to 5% if fully rented)

Price - €865,000

The property consists of 7 apartments and one store with an area of 47 m2. One of the apartments is currently available for rent. The remaining areas are leased and have a positive stable income.

The house is located in Bremen located in north-west of Germany. The population of the city is about 550,000 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 residential building in Germany!




lt;!--[if !supportLineBreakNewLine]-->
<!--[endif]-->

Additional Information PROPERTY DETAILS
  • Type of Property: Apartment house
  • Property Type: Secondary market
  • Status: Good
  • Location: Bremen, Bremen, Germany
  • Living Area: 493 m²
  • Total Area: 493 m²
  • Sale Price: €865,000

Financial Information

Price
€865,000
Rent Income per year
€42918
Rent Income per month
€3576
Profitability
5%
Payback
20,2 years
Installment
Mortgage

Purchase Cost

Agency commission
7,14%
Tax on the purchase
5%
Services notary
1%
Inventory
0,5%
Rental services
Services of the management company
Additional Information OTHER INFO

ATTRIBUTES

Living Area: 493 m²
Total Area: 493 m²
Year Built: 1910
Enquire about this property
one of our advisors will be in touch regarding your enquiry