Commercial in city Chemnitz
40.00 sq.m., 1 bedroom

€ 36 875

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The payback parameters

With effective management and maximum utilization of capacity:

Gross income to 6960,00 € annual

Gross yield to 18.8 % per annum

For long term lease:

Gross income of 2400,00 € annual

Gross yield of 6.5 - 7.1% of the annual

Financing is available at interest rate of 1.5-3.0 %

Fee for mortgage from 140,00 € per month

Description

For sale is a small 2-bedroom apartment near the Central station of Chemnitz. The apartment is located on the 3rd floor and has a living area of about 41 m2. Here is a beautiful combination of living room and open kitchen design area of about 21 m2. Bedroom 12.5 m 2 located on the side Filipstads. The internal bathroom has a roll-in shower, toilet, vanity and washing machine.
The apartment also has a storage room in the basement.
Apartment for rent 2017 current tenant. Rental fee is 200, -€ 2400, € per year.
Monthly expenses are 126,13 €.

Features

Potential increases in profitability 2,0 - 3,00 %

Long-term contracts



Location

The property is situated in Chemnitz



Associated costs

Notary fee of 1.5–2.0 %.

Tax on acquisition of real estate of 3.5 %.

The Commission representative 4000,00 € * (1500,00 € to signing the contract of sale, and 2500,00 € after)



The costs of owning

Cost of services the management company is 23,00 €.

Operating costs comprise of 2.32 €/m2 / month.

Our company CM Real Estate is the market-leading German real estate. In addition to the classical brokerage services, we also provide our clients a wide range of services for the design, construction, financing and property management. We are a reliable partner in obtaining a residence Permit and business registration in Germany. We support our klientov from the first examination of their chosen object before keys can be released after completion of the transaction. We take on the execution and translation of necessary documents, evaluate of real estate, finding and negotiating with the right people and partners, conduct the necessary market analyses and the state of the objects as well as offer our customers a variety of options for increasing liquidity and profitability of projects. We also provide our clients with any legal and technical advice on investment in German real estate.


In case you are interested in this and the other proposed to review us objects You can leave us a request. Employees of the company CM REAL ESTATE will contact You shortly and provide to Your attention the objects that match Your request.

For privacy reasons, and in accordance with the terms of the owner object photos will not be posted. All additional information on objects off market on request.After signing with us the preliminary agreement, you can get more information on this project, including documentation and real photos of the object.

The Object number in the database (ID): 63

Seller information

Seller type Agency
Company CM-REAL ESTATE

Location of the property on the map

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