ID: 1435
House

Apartment house for sale Lower Saxony, Faßberg, Germany

EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
€1,690,000
EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
Additional Information DESCRIPTION

You will love this residential building in Faßberg, Lower Saxony federal land. The property consists of 38 apartments.

Year built – 1965

Land Area –10,079 m2

Total Area –2,615 m2

Price - €1,690,000

Revenue from the rent - €131,748 per year (up to €136,042 if fully rented)

Rate of return – 7.8% (up to 8.05% if fully rented)

The building is located in a quiet and green area. All apartments are in excellent condition. There are energy-saving plastic windows that allow to keep heat and save money on utilities.

The property is located within walking distance from the city center. There are shops, schools and hospitals nearby.

Faßberg is a commune in Lower Saxony. It is part of the Celle district. The population is about 7,000 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!

 

 

 

Additional Information PROPERTY DETAILS
  • Type of Property: Apartment house
  • Property Type: Secondary market
  • Status: Good
  • Location: Faßberg, Lower Saxony, Germany
  • Land Area: 10079 m²
  • Total Area: 2615 m²
  • Sale Price: €1,690,000

Financial Information

Price
€1,690,000
Rent Income per year
€131748
Rent Income per month
€10979
Profitability
7,8%
Payback
12,8 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

Facilities

Near the shop
Additional Information OTHER INFO

ATTRIBUTES

Land Area: 10079 m²
Total Area: 2615 m²
Year Built: 1965
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