ID: 1742
House

Office building for sale Rhineland-Palatinate, Rhineland, Germany

New office building in Rhineland-Palatine. Profitability 6,35%

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€37,000,000
New office building in Rhineland-Palatine. Profitability 6,35%

Enquire about this Property

Additional Information DESCRIPTION
Do not miss the opportunity to purchase a new office building in Ludwigshafen am Rhein (Rhineland-Palatinate). Property with area of ​​more than 10 000 sq. m. was built in 2012 - 2013 on a plot of more than 7 000 sq.m. There is a private parking for 220 cars.
 
At the moment, the building is being rented by a single tenant with whom a lease agreement was signed until mid-2023. The contract provides for three options for renewal of two years each.
 
Price - 37 000 000 euros
The total area is 10 000 sq. m.
Rental income - € 2,350,000 / year
Profitability - 6.35%
 
Ludwigshafen am Rhein is a city in Germany, a city of land subordination, located in the state of Rhineland-Palatinate. The second largest in the Rhineland-Palatinate, an important industrial and economic center of the earth. Together with its Baden-Württemberg neighbor Mannheim and other nearby cities, Ludwigshafen am Rhein forms the metropolitan region of Rhine-Neckar. Other major neighboring cities are Heidelberg (approximately 25 km to the south-east), Karlsruhe (50 km to the south) and Mainz (60 km to the north). The city is the most famous chemical concern BASF. The population is about 170 thousand people.
 
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: Office building
  • Property Type: Secondary market
  • Location: Rhineland, Rhineland-Palatinate, Germany
  • Land Area: 7000 sq m
  • Total Area: 10000 sq m
  • Sale Price: €37,000,000

Financial Information

Price
€37,000,000
Guaranteed rent
Rent Income per year
€2350000
Rent Income per month
€195834
Profitability
6,35%
Payback
15,8 years
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

Facilities

Parking place
Additional Information OTHER INFO
FEATURES
New office building with tenant in Germany for sale
Commercial property with tenant in Germany for sale
Office building with tenant in Rhineland-Palatine for sale

ATTRIBUTES

Land Area: 7000 sq m
Total Area: 10000 sq m
Year Built: 2013
Parking: yes
Parking Spaces: 220
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