ID: 1498
House

Mixed object for sale Baden-Württemberg, Vaihingen an der Enz, Germany

EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
€2,850,000
EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
Additional Information DESCRIPTION

You will love this 2 residential buildings with commercial premises located Vaihingen an der Enz, Baden-Württemberg federal land.

Price – €2,850,000

Land Area – 2,566 m2

Revenue – €222,201.72

Rate of Return – 7.79%

Year built – 1976 (overhauled in 2009)

The building (820 m2) is being used as a refugee hostel since 2016. The landlord is Baden-Württemberg federal land. The contract was concluded until October 30, 2030 with the extension option for 5 years. Lease payments are €11,016 per month.

The remaining area (1,000 m2) is rented by a casino. In front of the property there is a parking for 30 spaces. The casino area has its own heating and air conditioning system. The contract was concluded until December 31, 2019 with 3 extension options for 5 years each. Rental payments are about €7,500 per month.

Vaihingen an der Enz is a German city located in the land of Baden-Württemberg. It is a part of the Ludwigsburg district. The population is about 30 000 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 2 residential buildings with commercial premises in Germany!

Additional Information PROPERTY DETAILS
  • Type of Property: Mixed object
  • Property Type: Secondary market
  • Status: Good
  • Location: Vaihingen an der Enz, Baden-Württemberg, Germany
  • Living Area: 1820 m²
  • Land Area: 2566 m²
  • Total Area: 1820 m²
  • Sale Price: €2,850,000

Financial Information

Price
€2,850,000
Rent Income per year
€222201.72
Rent Income per month
€18516.81
Profitability
7.79%
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

Parking place
Additional Information OTHER INFO

ATTRIBUTES

Living Area: 1820 m²
Land Area: 2566 m²
Total Area: 1820 m²
Year Built: 1976
Parking: Yes
Parking Spaces: 30
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