House in city Dresden
316.00 sq.m., 18 bedrooms

€ 241 000

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The payback parameters

Projected annual income is 26 544,00 €.

The projected gross return of 11.2 % per annum.

Financing is available at interest rate of 1.5-3.0 %

Description

Fantastic old building with great potential ....

You buy the apartment building (built in 1928) in Grimma OT Böhlen.

The apartment building is divided into 6 residential units which are currently fully leased.

Directly on the idyllic Tumorale, in a fabulous location Belen. Here you can explore numerous Hiking trails or use the excellent recreation.

Features

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

Long-term contracts





Associated costs

Notary fee of 1.5–2.0 %.

Tax on acquisition of real estate of 3.5 %.

The Commission representative 2,5 %



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): 10

Seller information

Seller type Agency
Company CM-REAL ESTATE

Location of the property on the map

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