Apartment house in Nuremberg

€ 600,000

Description

We offer you a multi-apartment three-storey house in Nuremberg, Bavaria, Germany.
Brick house. The area is 453 m2.

The house is located in the Nuremberg district of Schweinau.
The house consists of 6 apartments, all of them are rented. It is also possible to convert the attic into a residential apartment.
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Profitability in view of financing - 4,2%.
The annual income is 25200 €.
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.


Property details

Floor
3
Close to
Park
Type of location
City center
Mortgage
1
Number of premises
6
Currently functioning
1
Type of parking
Open
Rental income
25200
Ownership type
Proprietary
Payback period
14
Last renovation
2017
Year of construction
1928

Location

Nuremberg

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