Rental house in Germany. Rental house with tenants.
We offer a tenement apartment building in Bavaria.
Object code is 9715
Type - Apartment house
Price - 365,000 €
Price per sq.m. - 493 €
Year of construction - 1960
Year of modernization - 1997
The plot area is 824 m2
Usable area - 740 m2
Number of rooms - 25
Commercial / residential units - 13
Object status - Partially leased
The annual income is € 79,160
Yield - 21.69 %
Registration services * - 26,061 €
Court costs * - 4344 €
Property purchase tax * - 21900 €
State duty (entry in the register) * - 200 €
The cost, including additional costs * - 417.505 €
* 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.
We offer a tenement apartment building in Bavaria.
Urgent forced sale!
The proposed facility is located in the city of Kam, Bavaria, one of the most economically developed countries in Germany.
The object is located on its own land area of approx. 825 m2, which is also included in the price stated by the seller.
In a four-storey massive house with a living area of approx. There are 9 apartments in 635 m2:
- first floor - three apartments (one-room approx. 60 m2 and two three-room approx. 81 m2 each)
- second floor - two three-room apartments (approx. 81 m2 each)
- third floor - two three-room apartments (approx. 81 m2 each)
- fourth floor - two three-room apartments (approx. 46 m2 each)
On the territory of the site there are four capital garages approx. 18.5 m² each and the extension approx. 31 m2, which are also included in the cost of the object.
Heating: central gas.
The bathrooms have the necessary plumbing.
Windows: plastic double-glazed windows with insulating glazing.
Water, sewerage, electricity, internet and telephone services are available and connected.
In the basement there are utility rooms for technical needs.
Near the house there are enough parking spaces for cars.
According to the seller, six of the nine apartments are long-term lease, one is used by the bankrupt owner.
The new owner can dispose of the property at his own discretion - to live in it himself or rent it out.
Based on the average rental cost in the region, with proper management when renting, this property can bring about 80,000 euros of annual income.
Renting garages can bring an additional approx. 960.00 euros per year.
The object is offered by the bank at the residual value and will be transferred to the new owner absolutely without any debts.
According to the forecasts of our company's experts, during the court auction the price may be further reduced by 10-15%, which further increases the investment attractiveness of this apartment.
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: 25 km (approx. 30 min by car)
Distance to the border with Austria: 115 km (approx. 1 hour 30 minutes by car)
Distance from Nuremberg: 145 km (approx. 1 hour 20 minutes by car)
Distance to Munich: 180 km (approx. 2 hours by car)
The largest federal state in Germany is Bavaria, a country of diverse landscapes, rivers and lakes. Bavaria, consisting of seven administrative districts, occupies the entire southeastern part of the country. The capital of the land is the city of Munich, but important cities are also Nuremberg, Würzburg, Erlangen, Regensburg.
The linguistic population of Bavaria is divided into three large groups: the Bavarian dialect, the Swabian-Alemannic and East Frankish, but in reality there are more than sixty dialects. The official language is German. Most Bavarians are Catholics.
The history of Bavaria dates back to the Celtic tribes living here, and the first Duchy of Bavaria appeared in the 6th century, and was headed by dukes of the Aguilolfing family. Many times these lands were divided and conquered, passed from hand to hand, while maintaining relative independence, and only by the beginning of the XIX century did Bavaria become part of the German state. In the twentieth century, the people of Bavaria went through difficult times: dictatorship, revolution, change of government, and, finally, the attempt to seize power by the Nazis - the famous Munich coup. At the end of World War II, the territory of Bavaria, badly affected by the bombing, was occupied by American troops.
Today, Bavaria is a modern, highly developed region with international enterprises. The auto industry and military industry, electrical engineering, medical equipment and chemical industry are developed here.
Bavaria receives a significant share of its income from tourism, which is considered a holiday destination. Tourists love these lands for their unique landscapes, developed infrastructure, interesting sights. The alpine foothills with more than a thousand lakes and the beauty of Bavarian castles leave no one indifferent.
It is impossible to list all the natural and historical sights of Bavaria. Its capital, Munich, is a large open-air museum featuring architecture of all European styles. Bavaria is famous for its beer and fried sausages, pretzels with salt and the biggest beer festival, which gathers millions of fans from all over the world.
Old Nuremberg features castles and museums, a world-famous toy exhibition and the famous Christmas Bazaar. The treasures of world painting are collected in the Pinakothek Museum and the National Museum.
The castles of Neuschwanstein, Herrenkimsee and Linderhof - elegant, upward-pointing - are the hallmarks of Bavaria, and their popularity among tourists is huge.
The Bavarian Alps with their state-of-the-art hotels invariably gather thousands of winter sports enthusiasts.