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ID: 1536
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Quoting Reference Number:
EW RealEstate- 1536
DESCRIPTION
You will love this charming multi-family residential house in Mugeln, free land of Saxony.
The property includes 3 apartments and 1 commercial building.
Area – 379 m2
Price – €221,194
Current revenues from the rent – € 20,400 per year (up to € 22,194 if fully rented)
Current Rate of return – 9.22% (up to 10.03% if fully rented)
Mugeln is a German town located in Saxony land. It belongs to the administrative Leipzig district, Northern Saxony area. The population of the town is 6,500 people.
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PROPERTY DETAILS
- Type of Property: Residential house with commercial facilities
- Property Type: Secondary market
- Status: Good
- Location: Mügeln, Saxony, Germany
- Total Area: 379 m²
- Sale Price: €221,194
Financial Information
Price
€221,194
Rent Income per year
€20400
Rent Income per month
€1700
Profitability
9,22%
Payback
10,84 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
Apartment house
OTHER INFO
ATTRIBUTES
Total Area: 379 m²
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