ID: 1696
House

Office building for sale Saxony, Dresden, Germany

Office building in Dresden. 5,77% Profitability

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€1,680,000
Office building in Dresden. 5,77% Profitability
Property for Sale in Dresden, Saxony, Germany - Thumb
Property for Sale in Dresden, Saxony, Germany - Thumb
Property for Sale in Dresden, Saxony, Germany - Thumb
Property for Sale in Dresden, Saxony, Germany - Thumb
Property for Sale in Dresden, Saxony, Germany - Thumb

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Additional Information DESCRIPTION

Do not miss a unique opportunity to buy an office building in Dresden - Saxony Federal land. The property includes 11offices, 4 apartments and one ballet hall.

Buildind area – 1300 m2

Land Area - 2300 m2

Price – €1 680 000

Revenue for the rent – €97 000 per year

Rate of return – 5,77%

Year built – 1890               

Dresden is the administrative center of Saxony federal land. The city is located in the east of Germany and borders with the Czech Republic. It is one of the largest industrial, cultural, and transportation center in Germany. The population is about 550 000 people.

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Do not miss a unique opportunity to have an office building in Germany!

 

 
Additional Information PROPERTY DETAILS
  • Object: Commercial property
  • Type of Property: Office building
  • Property Type: Secondary market
  • Location: Dresden, Saxony, Germany
  • Living Area: 1300
  • Land Area: 2300 sq m
  • Sale Price: €1,680,000

Financial Information

Price
€1,680,000
Guaranteed rent
Rent Income per year
€97000
Rent Income per month
€8083,33
Profitability
5,77%
Payback
17,3 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
Office building with tenants in Dresden for sale
Office building with tenants in Saxony for sale
Office building with tenants in Germany for sale

ATTRIBUTES

Living Area: 1300
Land Area: 2300 sq m
Year Built: 1890
Parking: yes
Parking Spaces: 29
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