Detached house in city Dresden
994.00 sq.m., 31 bedrooms

€ 2 370 000

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The payback parameters

Projected annual income is 101 480 €.

Projected gross yield of 4.3% per annum.

Financing is available at interest rate of 1.5-3.0 %

Description

For sale apartment house in the beautiful area of Dresden-Seidnitz with total living area of 994,91 m2.

Built in 2000, the property consists of front and rear buildings. In the front building there are 11 residential units, each equipped with balcony or terrace.

Features

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

Long-term contracts



Location

The apartment house is located in the district Dresden-Seidnitz, which is characterized, among other things, its proximity to the old town of Dresden. Recreation area "a Large garden" is also in walking distance.



Associated costs

Notary fee of 1.5–2.0 %.

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.

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): 6

Seller information

Seller type Agency
Company CM-REAL ESTATE

Location of the property on the map

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