Mansion in Saxony

€ 555,000

Description


ID 35323
Strategy:
1. Purchase of an apartment building with a current yield of about 6.1% per annum;
2. Increase of rental rates due to renewal of contracts with tenants within 5 years;
3. Resale of the object at a higher price.
The project is being implemented jointly with a German management company specializing in apartment buildings in North Rhine-Westphalia and Saxony.
Legal structure: creation of a project company with direct participation of an investor.
Attraction of a loan in the amount of 65 - 80% of the cost of the object. Fixed rate for up to 10 years: 1.2 - 2.0%.

Property details

Construction phase
Resale

Location

Saxony

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