€2,100,000
Newly renovated
ID: 1518
House

Profitable object for sale Bavaria, Feucht, Germany

EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
€2,100,000
Newly renovated
€2,100,000
EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
Additional Information DESCRIPTION

You will love this charming multi-family residential house in Feucht, in Bavaria Free Land. In 2015, the building was overhauled.  Also, the property includes 15 parking spaces.

Land Area – 1,226

Total Area – 1,100 m2

Price – €2,100,000

Current revenues for the rent – €162,000

Current Rate of return – 7.72%

Year built – 1970

The property used to be a hotel back in the days. Since 2015, the building has been completely leased to the Federal Land of Bavaria for 10 years. It is located in the town of Feucht, a 20-minute drive from the center of Nuremberg. The town belongs to the administrative district of Middle Franconia

Nuremberg is the second largest city in Bavaria (after Munich) and the 14th in Germany. The population is more than 490,000 people. This is the largest economic and cultural center of Franconia and its unofficial capital. The population of Nuremberg region is 2 million people and the area is about 10,000 km2. It is also economically strongest region of Germany due to the highest GDP (€50 billion a year).

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 house in Nuremberg suburbs!

 

 

 

Additional Information PROPERTY DETAILS
  • Type of Property: Profitable object
  • Property Type: Secondary market
  • Status: Newly renovated
  • Location: Feucht, Bavaria, Germany
  • Land Area: 1226 m²
  • Total Area: 1100 m²
  • Sale Price: €2,100,000

Financial Information

Price
€2,100,000
Rent Income per year
€162000
Rent Income per month
€13500
Profitability
7.72%
Payback
13 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
Additional Information OTHER INFO

ATTRIBUTES

Land Area: 1226 m²
Total Area: 1100 m²
Year Built: 1970
Parking: Есть
Parking Spaces: 15
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