ID: 1748
House

Profitable object for sale North Rhine-Westphalia, Westphalia, Germany

Profitable house with commercial premises in North Rhine-Westphalia. Profitability 7.3%

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€5,000,000
Profitable house with commercial premises in North Rhine-Westphalia. Profitability 7.3%

Enquire about this Property

Additional Information DESCRIPTION
We are happy to offer you a commercial building with residential premises located in the center of Mülheim an der Ruhr (Land - North Rhine-Westphalia).
 
This building has an area of ​​2,900 square meters. it was built in the early 70s and consists of a living area of ​​420 sq.m. and commercial premises of 2 480 sq.m.
 
If the new owner is interested, it is possible to rebuild this building completely into a residential building. You can also build an additional floor, thus increasing the useful area of ​​the building.
 
Price - 5 000 000 euros
Living area - 420 sq.m.
Commercial area - 2 480 sq. m.
Rental income - 365 000 Euro / year
Profitability - 7.3%
 
Mülheim an der Ruhr is a city in Germany, in North Rhine-Westphalia. The city has manufacturing facilities of Siemens AG (steam turbines), Turck (sensors and industrial automation systems). Also here is the headquarters of a large trading holding Tengelmann Group. There is a railway station in Mülheim, where regional trains RB, RE, S Bahn stop. The city has a bus network consisting of night routes. There is also a tram network, which is part of the Essen tram system and has Essen numbering. There is one route of the high-speed tram (German stadtbahn) U-18, which connects the city with Essen and has 9 stations in Mülheim, of which 6 are underground. Also in the city there are 5 regular tram routes. The Essen-Mülheim Airport is located within the city. The population of the city is about 180 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.
 
Do not miss the opportunity to purchase a profitable house with commercial premises in North Rhine-Westphalia!
Additional Information PROPERTY DETAILS
  • Type of Property: Profitable object
  • Property Type: Secondary market
  • Location: Westphalia, North Rhine-Westphalia, Germany
  • Total Area: 2900 sq m
  • Sale Price: €5,000,000

Financial Information

Price
€5,000,000
Guaranteed rent
Rent Income per year
€365000
Rent Income per month
€30416
Profitability
7,3%
Payback
13,7 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
Additional Information OTHER INFO
FEATURES
Profitable house with tenant in North Rhine-Westphalia for sale
Profitable house with tenant in Germany for sale

ATTRIBUTES

Total Area: 2900 sq m
Year Built: 1972
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