ID: 1539
House

Apartment house for sale Lower Saxony, Herzberg, Germany

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€462,030

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Additional Information DESCRIPTION

You will love this charming multi-family residential house in Herzberg, in Lower Saxony land.

The property includes 18 apartments and 20 garages.

Area – 1,106 m2

Price – €462,030

Current revenues from the rent – €33,760 per year (up to €46,203 if fully rented)

Current Rate of return – 7.31% (up to 10% if fully rented)

 

Herzberg is a German town located in Lower Saxony land which is a part of Osterode district. The population of the town is 14,000 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 a residential house in Germany!

 

 

 

Additional Information PROPERTY DETAILS
  • Type of Property: Apartment house
  • Property Type: Secondary market
  • Status: Good
  • Location: Herzberg, Lower Saxony, Germany
  • Living Area: 1106 m²
  • Total Area: 1106 m²
  • Sale Price: €462,030

Financial Information

Price
€462,030
Rent Income per year
€33760
Rent Income per month
€2813,33
Profitability
7,31%
Payback
13,68 years
Installment

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

Garage
Apartment house
Additional Information OTHER INFO

ATTRIBUTES

Living Area: 1106 m²
Total Area: 1106 m²
Floors in the building: 3
Parking: Есть
Parking Spaces: 20
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