ID: 1405
House

Mixed object for sale Saxony, Borna, Germany

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€570,000
Property for Sale in Borna, Saxony, Germany - Thumb
Property for Sale in Borna, Saxony, Germany - Thumb
Property for Sale in Borna, Saxony, Germany - Thumb
Property for Sale in Borna, Saxony, Germany - Thumb
Property for Sale in Borna, Saxony, Germany - Thumb
Property for Sale in Borna, Saxony, Germany - Thumb
Property for Sale in Borna, Saxony, Germany - Thumb
Property for Sale in Borna, Saxony, Germany - Thumb
Property for Sale in Borna, Saxony, Germany - Thumb
Property for Sale in Borna, Saxony, Germany - Thumb
Property for Sale in Borna, Saxony, Germany - Thumb
Property for Sale in Borna, Saxony, Germany - Thumb
Property for Sale in Borna, Saxony, Germany - Thumb
Property for Sale in Borna, Saxony, Germany - Thumb

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Additional Information DESCRIPTION

You will love this residential building with commercial premises in Borna, Saxony free land. The property includes 4 apartments and 10 commercial premises. The building is considered an architectural monument.

Year built – 1800 (overhauled in 1992)

Land Area – 690 m2

Commercial Area – 862.38 m2

Residential Area – 257.06 m2

Total Area – 1,119.44 m2

Revenue from the rent – €56,812.92 (up to €59,926.92 if fully rented)

Rate of return – 9.97% (up to 10.52% if fully rented)  

Price – €570,000

The property is fully rented except for one small apartment (31 m2) and 6 parking spaces. Most of the commercial premises is rented by an educational institution. The remaining tenants include: the reception of local deputies, the Asian snack bar and shaverma place. The building is located in the pedestrian zone of the city center.

Borna town is located in Saxony free land, 30 km south of Leipzig. It is a district center. The population is about 23,000 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 building with commercial premises in Germany!

Additional Information PROPERTY DETAILS
  • Type of Property: Mixed object
  • Property Type: Secondary market
  • Status: Partially renovated
  • Location: Borna, Saxony, Germany
  • Living Area: 1119.44 m²
  • Land Area: 690 m²
  • Total Area: 1119.44 m²
  • Sale Price: €570,000

Financial Information

Price
€570,000
Rent Income per year
€56812.92
Rent Income per month
€4734.41
Profitability
9,97%
Payback
10 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

Facilities

Parking place
Apartment house
Additional Information OTHER INFO

ATTRIBUTES

Living Area: 1119.44 m²
Land Area: 690 m²
Total Area: 1119.44 m²
Year Built: 1800
Floors in the building: 4
Parking: Yes
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