€23,600,000
Good
ID: 1387
House

Apartment house for sale Saxony-Anhalt, Magdeburg, Germany

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€23,600,000
Good
€23,600,000

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Additional Information DESCRIPTION

You will love this residential complex in Magdeburg, Saxony-Anhalt federal land. The property includes 513 apartments.

Year built – 1994 (overhauled in 2013-2015)

Land Area – 18,685 m2

Total Area – 10,189 m2

Revenue from the rent – €1,874,226.50

Rate of return – 7.94%

Price – €23,600,000

Magdeburg is located in Saxony-Anhalt federal land. The population is about 229,000 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 complex in Germany!

 

 

Additional Information PROPERTY DETAILS
  • Type of Property: Apartment house
  • Property Type: Secondary market
  • Status: Good
  • Location: Magdeburg, Saxony-Anhalt, Germany
  • Living Area: 10189 m²
  • Land Area: 18685 m²
  • Total Area: 10189 m²
  • Sale Price: €23,600,000

Financial Information

Price
€23,600,000
Rent Income per year
€1874226
Rent Income per month
€156185
Profitability
7,94%
Payback
12,6 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: 10189 m²
Land Area: 18685 m²
Total Area: 10189 m²
Year Built: 1994
Parking: Yes
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