ID: 1795
House

Profitable object for sale Saxony-Anhalt, Dessau, Germany

Highly profitable apartment building in Dessau. Profitability 8.3%

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€1,300,000
Highly profitable apartment building in Dessau. Profitability 8.3%
Property for Sale in Dessau, Saxony-Anhalt, Germany - Thumb
Property for Sale in Dessau, Saxony-Anhalt, Germany - Thumb
Property for Sale in Dessau, Saxony-Anhalt, Germany - Thumb
Property for Sale in Dessau, Saxony-Anhalt, Germany - Thumb
Property for Sale in Dessau, Saxony-Anhalt, Germany - Thumb
Property for Sale in Dessau, Saxony-Anhalt, Germany - Thumb
Property for Sale in Dessau, Saxony-Anhalt, Germany - Thumb

Enquire about this Property

Additional Information DESCRIPTION
We are happy to offer you a highly profitable apartment building in Dessau (Saxony-Anhalt). The object was built in 1950 on a land plot of 1,200 sq.m. Reconstruction was carried out in 1995 and 2016.
 
The apartment building has 5 floors, on which 40 profitable apartments are located. At the moment, they are all rented out. The house is connected to central heating.
 
Price - 1,300,000 euros
Total area - 2 243 sq.m.
Rental income - 108 548.40 EUR / year
Profitability - 8.33%
 
The house has a good location and infrastructure. Nearby are many shops, public transport.
 
Dessau is a former city of land subordination located in Saxony-Anhalt in Germany. Until 2007, Dessau was the third largest in Saxony-Anhalt (after Halle (Saale) and Magdeburg), and the second largest in area. On July 1, 2007, Dessau became part of the new city of Dessau-Roslau, obtained by the merger of Dessau and the neighboring city of Roslau. The population is more than 90 thousand people. Nearest major cities: Halle (Saale) - about 40 km. to the south-west (population of about 240 thousand people), Leipzig - about 52 km. south (about 600 thousand people), Magdeburg - about 65 km. to the northwest (about 240 thousand people).
 
If you are interested in this and other objects, you can leave a request. Our company’s managers will contact you shortly and provide you with the objects that match your request.
Additional Information PROPERTY DETAILS
  • Object: Profitable apartments
  • Type of Property: Profitable object
  • Property Type: Secondary market
  • Location: Dessau, Saxony-Anhalt, Germany
  • Land Area: 1200 sq m
  • Total Area: 2243 sq m
  • Sale Price: €1,300,000

Financial Information

Price
€1,300,000
Guaranteed rent
Rent Income per year
€108548
Rent Income per month
€9045
Profitability
8,3%
Payback
12 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
Near metro / stop
Near the shop
Central heating
Apartment house
Additional Information OTHER INFO
FEATURES
Profitable apartment building with tenants in Dessau for sale
Profitable apartment building with tenants in Germany for sale
Profitable apartment building with tenants in Saxony-Anhalt for sale

ATTRIBUTES

Land Area: 1200 sq m
Total Area: 2243 sq m
Floors: 5
Year Built: 1950
Floors in the building: 5
Enquire about this property
one of our advisors will be in touch regarding your enquiry