Description

Profitable house in Nuremberg, Bavaria, Germany

We offer you a multi-apartment three-storey house in Nuremberg, Bavaria, Germany.
Brick house. The area is 380 m2.
The facility is located at a crossroads with one of the city's largest streets near numerous public transport stops.
The favorable location at Erlanger Strasse provides excellent communication to the city centers of the triangle Nuremberg-Furth-Erlangen.
On the first floor of the building there are commercial premises (a snack bar, a hairdresser's), on the second, third floors and an attic - apartments. All premises are rented. Additional income brings outdoor advertising.
Repair in the apartments on the second and third floors was held two years ago, in a hairdresser - a half years ago, a real tenant.
 
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Profitability in view of financing - 5,4%.
The annual income is 62000 €.
Financing is possible at an acquisition cost of 60,000 €. If this amount is achieved through the simultaneous acquisition of two or more apartments, the condition for financing is their location in one house.
The firm is ready to assist in negotiations with German banks.
Apartments in this city since 2017 began to rise in price.
The building is maintained in excellent condition.
We offer:
stable demand for rental apartments and impressive investment income;
convenient location;
services of the management company;
 developed infrastructure;
the possibility of obtaining a residence permit in Germany.
The investment provides a profitable opportunity for investors due to the constant growth of value in the real estate market. As the demand for housing in Bavaria.
The local real estate market is stable and steadily growing. The trend that will continue. The lack of one-bedroom apartments and the high demand for rental of such properties in this area represents an interesting investment opportunity.
The possibility of lending in a foreign bank on the security of its own facility with low interest rates.
We offer real estate that provides high and stable passive income (office buildings, apartments, car parks, boarding houses, hotels). Reliability, transaction support.
Call, write, watch, buy.