ID: 1760
House

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

Profitable apartment house in North Rhine-Westphalia. Profitability 6.35%

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€1,899,000
Profitable apartment house in North Rhine-Westphalia. Profitability 6.35%

Enquire about this Property

Additional Information DESCRIPTION
We are happy to offer you a profitable apartment building in the city of Bergneustadt (North Rhine-Westphalia), located about 50 km. from Cologne. The building was built in the mid 1960s and has a solid construction. The property has been partly modernized over the years and is in very good condition.
 
The offered property is a residential complex with a living area of ​​about 2,140 square meters, which is located in a convenient location in Bergneustadt on a plot of about 3,200 square meters. The property consists of 6 floors and a basement. There are 24 apartments in total, 4 apartments on each floor. There are 34 garages in the rear area and about 20 open parking spaces for residents and guests. Garages were built in the mid 1990s.
 
All apartments consist of 3-4 rooms and have an area of ​​80 - 105 sq. m. Apartments from 2nd to 6th floors have balconies. At the entrance there is an elevator.
 
Price - 1 899 000 euros (Share Deal)
Total area - 2 140 sq. m.
Rental income - 120 000 euro / year
Profitability - 6.35%
 
Bergneustadt is a city in Germany, in North Rhine-Westphalia. Subordinated to the administrative district of Cologne. Part of the district Oberbergis. The population is about 20 thousand people. The nearest major cities are Wuppertal (100 km, population about 350 thousand people), Cologne (60 km, population about 1.1 million people), Bonn (86 km, population about 320 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 multi-family apartment building in North Rhine-Westphalia!
Additional Information PROPERTY DETAILS
  • Object: Profitable houses
  • Type of Property: Profitable object
  • Property Type: Secondary market
  • Location: Bergneustadt, North Rhine-Westphalia, Germany
  • Land Area: 3200 sq m
  • Total Area: 2140 sq m
  • Sale Price: €1,899,000

Financial Information

Price
€1,899,000
Guaranteed rent
Rent Income per year
€120000
Rent Income per month
€10000
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

Balcony
Garage
Parking place
Apartment house
Additional Information OTHER INFO
FEATURES
Profitable apartment house in North Rhine-Westphalia for sale

ATTRIBUTES

Land Area: 3200 sq m
Total Area: 2140 sq m
Year Built: 1960
Parking: yes
Parking Spaces: 54
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