House in city Dresden
240.00 sq.m., 12 bedrooms

€ 359 000

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The payback parameters

Projected annual income is 24 480,00 €.

Projected gross yield of 7.0% per annum.

Financing is available at interest rate of 1.5-3.0 %

Description

Fantastic old building with great potential ....

Apartment house built on the ground floor and offers a total of three floors with total area of 240 m2, each of which has 80 m2 on each floor. The first floor, and separate rooms from other floors already usable but needs repair.

Features

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

Long-term contracts



Location

The Dresden district of Cadiz located on the right Bank of the river in the North-West of the city and is especially known for its airfield. The apartment house is located in the centre Ringtrasse, in the vicinity of the Park of the Elbe.



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): 7

Seller information

Seller type Agency
Company CM-REAL ESTATE

Location of the property on the map

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