Rental house in Germany. Income tax with land near the Czech Republic.
Price - 233,000 €
Price per sq.m. - 542 €
Year of construction - 1905
Year of modernization - 2013
The plot area is 8900 m2
Usable area - 430 m2
Number of rooms - 16
Commercial / residential units - 8
Object status - Leased
The annual income is € 39,800
Yield - 17.09 %
Registration services - € 16,636.2
Court costs - 2773 €
Property acquisition tax - 13980 €
State duty (entry in the register) - 200 €
The cost, including additional costs, is € 266,589.2
* Data on the cost of services are not final and may change in one direction or another depending on the regional tariffs of the municipality and the notary.
Income tax with land near the Czech Republic
Apartment house with garages, utility rooms and a large plot of land in eastern Germany
Urgent forced sale!
The well-kept apartment house is located in Olbernhau, Saxony, a few kilometers from the Czech border.
In the immediate vicinity of the house there are public transport stops, several large shopping centers, bank branches, restaurants and cafes, a pharmacy and other necessary infrastructure.
In a two-storey house with a total living area of approx. 330 m2 located 4 apartments.
Flooring: laminate, wooden floor, tile.
Windows: plastic double-glazed windows with insulating glazing.
Water, sewerage, electricity, internet and telephone services are available.
In the basement are spacious storage rooms, technical rooms.
The property has 4 garages for car parking.
In the attached area there is enough space for games with children, barbecue, gardening and creating an individual landscape.
According to the seller, all apartments and garages are leased for a long time.
The new owner can dispose of the property at his own discretion - to live in it himself, manage the property, rent it out or find a responsible manager.
Based on the average rental cost in the region, with proper management and full rental, this property can bring about 40,000 euros of annual income.
Currently, the object is under external competitive management and will be sold to a new investor directly by the bank through the courts.
It is offered at the residual value and will be transferred to the new owner absolutely without any debts.
According to the forecasts of our company's specialists, during the court bidding the price may be further reduced by 10-15%, which further increases the investment attractiveness of this object.
Our company is ready to provide all the necessary services for negotiations with the court and with the seller-owner, competent legal registration and after-sales management of the object.
Including on registration of the possible residence permit.
Distance to the border with the Czech Republic: 2 km (approx. 2 min on foot)
Distance to Chemnitz: 40 km (approx. 15 min by car)
Distance to Dresden: 60 km (approx. 25 min by car)
Distance to Prague (Czech Republic): 120 km (approx. 1 hour by car)
Chemnitz is located in the north of the Ore Mountains, 60 km southwest of Dresden. Its name Chemnitz comes from the Slavic word "stone".
The name of the town was given by the small river Chemnitz, a tributary of the river Zwickauer-Mulde. The word chemnitz in the indigenous language of the Lusatian Serbs means "rocky stream". In their language, the name of the city sounds like Kamjenica. The Czechs call it Saská Kamenice.
Chemnitz was founded in the 12th century by Emperor Lothar II. Until the beginning of the 14th century, it was an imperial city. At first, the textile industry flourished here, then - mechanical engineering. Chemnitz flourished at the beginning of industrial development. At the end of the 18th century, it became one of the largest industrial centers in Germany. The city was called Saxon Manchester. During the GDR, Chemnitz was renamed Karl-Marx-Stadt. Already in recent history, the Russian ensemble "Megapolis" wrote in German a very funny song "Karl-Marx-Stadt" based on the widely popular in the 1960s. in the USSR of the hit "Lilies of the Valley".
Today, Chemnitz is one of the richest cities in the east of the country. The income of the population here is higher than, for example, in Dresden or Leipzig. Chemnitz, a city of modern industrial culture, is very interesting in terms of architecture. It is said that no other city in Germany deserves the title of "City of Art Nouveau" as it does. The most striking representative of this style here is Villa Esche (Villa Esche, Parkstraße 58), built by the Belgian modernist architect Henri Van de Velde for the large manufacturer Herbert Eugen Esche. The villa in the Henry van-de-Velde Museum hosts exhibitions of works of art from the city's collections.
A huge bust of Karl Marx has stood in Chemnitz since the time of the GDR, standing in the center of the city on Brueckenstrasse, next to the Red Tower. You can see the city from above, climbing to the observation deck, arranged in one of the towers of the Old Town Hall (XV century).