ID: 1640
House

for sale Bavaria, Memmingen, Germany

Commercial property in Bavaria. 8,24% profitability 

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€815,000
Commercial property in Bavaria. 8,24% profitability 

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Additional Information DESCRIPTION
We would like to offer you commercial property in Memmingen (land - Bavaria). The object was built in 2007 on a land plot of 1,494 sq. m. The state of the object is new.
 
The tenant is Carglass, the world leader in auto glass repair and replacement (over 2,000 service centers in 34 countries of the world). The lease agreement is valid until November 2022, there are also 2 options for the extension of 5 years each.
 
Total area - 435 sq.m.
Price - 815,000 euros
Rental income - 67,200 euros
Profitability - 8,24%
 
Memmingen is a city in Germany, a city of land subordination, located in the land of Bavaria. Subordinated to the administrative district of Swabia. The population is 41,025 people. The city has its own airport, which serves including international flights to several dozen airports in Europe. 
 
If you are interested in this and other objects, you can leave a request. Managers of our company will contact you shortly and provide you with the objects that match your request.
 
Do not miss the opportunity to buy a highly profitable commercial property in Bavaria!
Additional Information PROPERTY DETAILS
  • Object: Commercial property
  • Property Type: Secondary market
  • Location: Memmingen, Bavaria, Germany
  • Living Area: 435 sq m
  • Land Area: 1494 sq m
  • Sale Price: €815,000

Financial Information

Price
€815,000
Guaranteed rent
Rent Income per year
€67200
Rent Income per month
€5600
Profitability
8,24%
Payback
12,1 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
Additional Information OTHER INFO
FEATURES
Commercial property with tenant in Bavaria for sale
Commercial property with tenant in Germany for sale
Commercial property with tenant in Memmingen for sale

ATTRIBUTES

Living Area: 435 sq m
Land Area: 1494 sq m
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