Four apartment buildings and a building plot in Schleswig-Holstein.
Description
Portfolio includes:
- 195 apartments
- 25 garages
- 16 parking spaces
- plot of 1,628 m² for the construction of a residential building with a total living area of 2,039 m² (27 apartments + 16 parking spaces)
The current annual net income is 748,624 €.
The current net yield is 4.75%.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.5%.
Brokerage fee is 3% + VAT 19% (total 3.57%).
The buildings are located in Kiel and Flensburg. There are many well-known chain supermarkets, pharmacies, shops and restaurants in the immediate vicinity of the buildings.
Kiel is the capital and most populous city in the northern German state of Schleswig-Holstein, with a population of about 250,000 people.
Flensburg is an independent town in the north of the German state of Schleswig-Holstein, the centre of the region of Southern Schleswig. After Kiel and Lübeck, it is the third largest town in Schleswig-Holstein. Population — 85,000 people.
Schleswig-Holstein is the northernmost of the 16 states of Germany, comprising most of the historical duchy of Holstein and the southern part of the former Duchy of Schleswig. The state lies on the base of Jutland Peninsula between the North Sea and the Baltic Sea.