House in city Dresden
1732.00 sq.m., 74 bedrooms

€ 3 220 000

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Apartment house in Dresden, 5.5% per annum

The payback parameters

Projected annual income is 176 664 €.

Projected gross yields of 5.5% per annum.



Description

In total, the sale of 28 of the 35 residential units which are located on the ground floor, 1st or 2nd floor and are spread across 5 entrances.



Location

District Lobtau is located in the West of the state capital of Dresden, currently the population is around 20,000 people, and it is divided into Lobtau-Court and Lobtau-Nord. Stylish Gründerzeit buildings with their typical cubic houses of Dresden and bright, modern residential quarters are the main features of the area.



Associated costs

Notary fee of 1.5–2 %.

Tax on acquisition of real estate of 3.5 %.

Commission broker and representative of 9.00 %



The costs of owning

Cost of services the management company is 23,00 € per month for an apartment.

Operating costs comprise of 2.32 €/m2 / month.

The Object number in the database (ID): 4

Seller information

Seller type Agency
Company CM-REAL ESTATE

Location of the property on the map

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