ID: 1765
House

Profitable object for sale Schleswig-Holstein, Germany

Multi-apartment profitable houses with commercial premises in Schleswig-Holstein. Profitability 9%

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€1,250,000
Multi-apartment profitable houses with commercial premises in Schleswig-Holstein. Profitability 9%

Enquire about this Property

Additional Information DESCRIPTION
We are happy to offer you two three-storey multi-apartment profitable buildings with commercial premises located in the very center of the city of Neumünster (land - Schleswig-Holstein).
 
Building area of ​​1 430 sq. m. were built in 1963 on a plot of about 900 sq.m. and consist of front and rear buildings. Both houses are separated from each other and each has a separate entrance.
 
The front building has four apartments and three commercial premises. In the back house there are four apartments. All apartments are two and three bedroom.
 
The condition of the buildings is good.
 
The land is in a long-term lease. The contract is valid for another 43 years. The annual rent for the plot is about 17,000 euros per year. It is possible that the plot can also be bought after the purchase of buildings.
 
The area of ​​commercial premises is about 880 sq.m.
The living area is about 550 sq. m.
 
Price - 1 250 000 euros
 
Rental income - 130 000 euro / year
The rent for the plot - 17 000
Net rental income - 113 000 euro / year
Profitability - 9%
 
Neumünster is a city in Germany, a city of land submission, located in Schleswig-Holstein. The population is over 76,000 people. The nearest major cities are Lubeck (52 km, 216 thousand inhabitants), Norderstedt (41 km, 78 thousand inhabitants), Elmshorn (41 km, 49 thousand inhabitants).
 
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 with commercial premises in Schleswig-Holstein!
Additional Information PROPERTY DETAILS
  • Type of Property: Profitable object
  • Property Type: Secondary market
  • Location: Schleswig-Holstein, Schleswig-Holstein, Germany
  • Land Area: 900 sq m
  • Total Area: 1430 sq m
  • Sale Price: €1,250,000

Financial Information

Price
€1,250,000
Guaranteed rent
Rent Income per year
€113000
Rent Income per month
€9416
Profitability
9%
Payback
11 years
Installment
Mortgage

Purchase Cost

Agency commission
7,14%
Tax on the purchase
6,5%
Services notary
1%
Inventory
0,5%
Rental services
Services of the management company

Facilities

Near metro / stop
Near the shop
Apartment house
Additional Information OTHER INFO
FEATURES
Multi-apartment profitable houses with tenants in Germany for sale
Multi-apartment profitable houses with tenants in Schleswig-Holstein for sale

ATTRIBUTES

Land Area: 900 sq m
Total Area: 1430 sq m
Floors: 3
Year Built: 1963
Enquire about this property
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