ID: 1482
House

Shopping center for sale Saxony, Adorf, Germany

EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
€1,600,000
Property for Sale in Adorf, Saxony, Germany - Thumb
Property for Sale in Adorf, Saxony, Germany - Thumb
Property for Sale in Adorf, Saxony, Germany - Thumb
Property for Sale in Adorf, Saxony, Germany - Thumb
Property for Sale in Adorf, Saxony, Germany - Thumb
Property for Sale in Adorf, Saxony, Germany - Thumb
Property for Sale in Adorf, Saxony, Germany - Thumb
Property for Sale in Adorf, Saxony, Germany - Thumb
EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
Additional Information DESCRIPTION

 

You will love this commercial building located in Adorf, Saxony free land. The property includes 7 commercial units with a parking lot for 125 cars.

Land area – 9 081 m2

Commercial Area – 2,260 m2

Price – €1,600,000

Revenue from the rent – €143,877 per year (up to €156,000 if fully rented)

Rate of Return – 8.99% (up to 9.75% if fully rented)

Year built - 1994-1998

The area near the buildings is paved with paving slabs.

Penny Markt is the main long-term tenant with the rental contract until 2025. Other tenants include a pharmacy, housekeeping store, insurance company, etc.

Additional features: Metal roof, double glazing windows, burglarproof doors, alarm system, motion sensors, and centralized water supply.

Adorf is a city in Germany. It is a part of the Vogtland area. The population is about 5,500 people. The property is located 5 km away from the southern outskirts of the town. The motorway #72 and #4 is 6 km away and the Jansdorf airport is only 5 km away.

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!

 

 

 

Additional Information PROPERTY DETAILS
  • Type of Property: Shopping center
  • Property Type: Secondary market
  • Status: New
  • Location: Adorf, Saxony, Germany
  • Land Area: 9081 m²
  • Total Area: 2260 m²
  • Sale Price: €1,600,000

Financial Information

Price
€1,600,000
Rent Income per year
€143877
Rent Income per month
€11989
Profitability
8,99%
Payback
11,1 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
Additional Information OTHER INFO

ATTRIBUTES

Land Area: 9081 m²
Total Area: 2260 m²
Year Built: 1994
Parking: Есть
Parking Spaces: 125
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