ID: 1702
House

Shopping center for sale Bavaria, Munich airport, Germany

Shopping center near Munich airport. 6,5% profitability

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€26,000,000
Shopping center near Munich airport. 6,5% profitability

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Additional Information DESCRIPTION
Do not miss the opportunity to buy a shopping center located near the airport in Munich (land - Bavaria).
 
Shopping center with an area of ​​16,900 sq.m. was built in 1995 on a land plot of about 20,500 sq.m. The area of ​​underground parking is about 13 000 sq.m. The condition of the object is good.
 
The shopping center was leased for a long time over the next 15 years to a large management company.
 
The price is 26 000 000 euros
Rental income - 1 700 000 euros per year
Profitability - 6.53%
 
In connection with the protection of confidential data of the owner, more detailed information is available only on request.
 
Munich is a city in the south of Germany, in the federal state of Bavaria. It is the largest city of Bavaria and the third, after Berlin and Hamburg, the city of Germany. The population of the city is more than 1.5 million people. Munich is a major industrial and research center. Thanks to the famous universities, one of Europe’s largest Bavarian State Library, the Max Planck and Heinz Meier-Leibnitz institutes, the nuclear research reactor and many other institutions, Munich maintains a strong position in European science. Munich is also considered the IT capital of Germany.
 
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.
 
 
Additional Information PROPERTY DETAILS
  • Type of Property: Shopping center
  • Property Type: Secondary market
  • Location: Munich airport, Bavaria, Germany
  • Land Area: 20500 sq m
  • Total Area: 16900 sq m
  • Sale Price: €26,000,000

Financial Information

Price
€26,000,000
Rent Income per year
€1700000
Rent Income per month
€141667
Profitability
6,53%
Payback
15,3 years
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

Underground parking
Near metro / stop
Parking place
Additional Information OTHER INFO
FEATURES
Shopping center with tenants near Munich airport for sale
Shopping center with tenants in Germany for sale
Shopping center with tenants in Bavaria for sale

ATTRIBUTES

Land Area: 20500 sq m
Total Area: 16900 sq m
Parking: yes
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