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ID: 1532
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Quoting Reference Number:
EW RealEstate- 1532
DESCRIPTION
You will love this charming multi-family residential house in Zeitz, Saxony-Anhalt federal land.
The property includes 14 apartments.
Area – 772 m2
Price – €370,560
Current revenues from the rent – €31,231 per year (up to €36,038 if fully rented)
Current Rate of return – 8.43% (up to 9.73% if fully rented)
Zeitz is a German town located in Saxony-Anhalt federal land which is a part of Burgenland district. The population of the town is 31,000 people.
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Do not miss a unique opportunity to have a residential house in Germany!
PROPERTY DETAILS
- Type of Property: Apartment house
- Property Type: Secondary market
- Status: Good
- Location: Zeitz, Saxony-Anhalt, Germany
- Living Area: 772 m²
- Total Area: 772 m²
- Sale Price: €370,560
Financial Information
Price
€370,560
Rent Income per year
€31231
Rent Income per month
€2602,58
Profitability
8,43%
Payback
11,86 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
Apartment house
OTHER INFO
ATTRIBUTES
Living Area: 772 m²
Total Area: 772 m²
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