ID: 1607
House

Profitable object for sale Saxony-Anhalt, Halle, Germany

Profitable house with apartments in Saxony-Anhalt
EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
€3,600,000
Profitable house with apartments in Saxony-Anhalt
Property for Sale in Halle, Saxony-Anhalt, Germany - Thumb
Property for Sale in Halle, Saxony-Anhalt, Germany - Thumb
Property for Sale in Halle, Saxony-Anhalt, Germany - Thumb
Property for Sale in Halle, Saxony-Anhalt, Germany - Thumb
Property for Sale in Halle, Saxony-Anhalt, Germany - Thumb
Property for Sale in Halle, Saxony-Anhalt, Germany - Thumb
Property for Sale in Halle, Saxony-Anhalt, Germany - Thumb
Property for Sale in Halle, Saxony-Anhalt, Germany - Thumb
Property for Sale in Halle, Saxony-Anhalt, Germany - Thumb
Property for Sale in Halle, Saxony-Anhalt, Germany - Thumb
Property for Sale in Halle, Saxony-Anhalt, Germany - Thumb
Property for Sale in Halle, Saxony-Anhalt, Germany - Thumb
Property for Sale in Halle, Saxony-Anhalt, Germany - Thumb
Property for Sale in Halle, Saxony-Anhalt, Germany - Thumb
Property for Sale in Halle, Saxony-Anhalt, Germany - Thumb
Property for Sale in Halle, Saxony-Anhalt, Germany - Thumb
EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
Additional Information DESCRIPTION
We are happy to offer you an apartment building in the city of Halle. The building was built in 1983. Repair work was carried out in the period from 1999 to 2000. The condition is excellent, you only need to upgrade the facade. The building consists of 11 floors, on which 107 furnished residential units are located. In 60 living rooms there is a living room with an equipped kitchen. All apartments have a balcony and parking space. Almost all units are leased and bring profit.
 
The current annual income is 390,000 euros. Total income can be 440,000 euros per year, subject to the lease of all premises.
 
The house has two entrances. At the entrance block there are apartments, as well as hotel rooms.

Entrance A:
 
36 apartments;
12 hotel rooms.

Entrance B:
 
60 apartments;
12 hotel rooms.
There are also 24 commercial units.


Features:
 
Bathroom with bath;
Facade plaster;
Laminate;
Heat;
Elevator;
Basement;
Balcony / Loggia / Terrace;
Asphalt tracks;
Garden with easy care.
If you are interested in other objects, you can leave a request. Employees of our company will contact you shortly and provide you with the objects that match your request.
 
Halle - a city in Germany, standing on the river Hall. The most populated city of Saxony-Anhalt, which is home to about 240 thousand people.



Additional Information PROPERTY DETAILS
  • Object: Profitable apartments
  • Type of Property: Profitable object
  • Property Type: Secondary market
  • Location: Halle, Saxony-Anhalt, Germany
  • Land Area: 3310 sq m
  • Total Area: 4850 sq m
  • Sale Price: €3,600,000

Financial Information

Price
€3,600,000
Rent Income per year
€390000
Rent Income per month
€32500
Profitability
11%%
Payback
9,2
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
Additional Information OTHER INFO
FEATURES
Profitable apartments in Germany for Sale
Profitable house with apartments in Saxony-Anhalt

ATTRIBUTES

Land Area: 3310 sq m
Total Area: 4850 sq m
Year Built: 1983
Parking: Yes
FILL OUT THE FORM BELOW
one of our advisors will be in touch regarding your enquiry