Four apartment buildings and building plot, Schleswig-Holstein, Germany

Additional information is provided after the signing of an NDA

Four apartment buildings and building plot, Schleswig-Holstein, Germany

15,750,000 €
Mortgage calculator
Learn the property location
Send the listing to yourself
  • Yield
    4.75%
Details
Property parameters
  • Total apartments: 195
  • Number of parking lots: 41
Financial performance
  • Annual income: 748,624 €
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 3.0% + VAT

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)

Financial performance

The current annual net income is 748,624 €.

The current net yield is 4.75%.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6.5%.

Brokerage fee is 3% + VAT 19% (total 3.57%).

Location and nearby infrastructure

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.

More properties

If this ad doesn't suit you, have a look at the other apartment buildings for sale in Schleswig-Holstein.

All ads in the country: apartment buildings for sale in Germany.

Learn more about this property
Ask the Destination Manager your questions
Learn more
    I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
    Marina Filichkina
    Marina Filichkina,
    Head of Sales
    Learn more
    Similar listings

    We select ads that may interest you.

    Not sure what to start with? Send an advice request
    Our expert will contact you to help with selecting real estate.
    Ask a question
      I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
      Sofia Bulanova,
      Senior Investment Consultant
      flag icon
      Dubai, UAE
      Tranio Global Real Estate, Ohmydesk Business Center, Al Fattan Downtown, 32d St, 103-104, Al Satwa Dubai, UAE
      flag icon
      Torrevieja, Spain
      Tranio LLC, Calle del Palangre, 14, 03182 Torrevieja
      flag icon
      Athens, Greece
      Tranio LLC, Vissarionos, 4, 10672 Athens
      flag icon
      Berlin, Germany
      Tranio Germany GmbH, Schlüterstraße 38, 10629 Berlin
      Send a request