Rental house in Germany.
Rental house with tenants in Germany. We offer a profitable apartment house in Lower Saxony.
Object code is 9685
Type - Apartment house
Price - 190,000 €
Price per sq.m. - € 463
Year of construction - 1963
The plot area is 543 m2
Usable area - 410 m2
Number of rooms - 18
Commercial / residential units - 6
Object status - Leased
The annual income is € 51,408
Yield - 27.06 %
Registration services - € 13,566
Legal costs - 2261 €
Real estate purchase tax - 11400 €
State duty (entry in the register) - 200 €
The cost, including additional costs, is € 217,427
* 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 profitable apartment house in Lower Saxony.
The proposed facility is located in the town of Wolfenbüttel in Lower Saxony, one of the most economically developed countries in Germany.
The object is located on a land plot of approx. 540 m2.
In a three-storey massive house with a living area of approx. 410 m2, there are 6 three-room apartments, two on each floor.
Each of their apartments has an area of approx. 68 m2 and is divided into:
• living room with balcony approx. 23 m²
• bedroom approx. 17 m²
• children's approx. 12 m²
• kitchen approx. 7 m²
• bathroom approx. 4 m²
• corridor approx. 5 m²
Flooring: linoleum, tile.
The bathrooms have the necessary plumbing.
Windows: plastic double-glazed windows with insulating glazing.
Water, sewerage, electricity, internet and telephone services are available.
Each of the apartments has its own spacious basement.
In the basement there are spacious storage rooms for bicycles and strollers, technical rooms.
Near the house there are enough parking spaces for cars.
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 more than 51,000 euros of annual income.
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 Braunschweig: 15 km (approx. 20 min by car)
Distance to int. Hanover Airport: 80 km (approx. 1 hour by car)
Distance to Magdeburg: 100 km (approx. 1 hour 10 minutes by car)
Distance to int. Berlin-Brandenburg airport: 240 km (approx. 2 hours 20 minutes by car)
The Wolfenbüttel region is located in the southeast of Lower Saxony between the Harz and the Lüneburg Plain, 60 km from the capital of the federal state - Hanover. The historic city, founded in the 10th century on a busy trade and military route, still has ancient fortifications.
The historic center of Wolfenbüttel is about 600 unique, carefully restored buildings with completely restored interiors. First of all, it is the former residence of the Dukes of Wolfenbüttel and Braunschweig, the house of the German playwright Lessing, the Market Square with the town hall, the cathedral, the Church of the Holy Trinity.
Of course, the real pleasure is just wandering through the old city alleys framed by half-timbered houses and admiring the "Little Venice" - the quarters above the river Ocker, which has preserved the remnants of the once vast canal system.
The modern Wolfenbüttel with a population of 55,000 offers everything for a cozy and pleasant stay.
With its university, excellent infrastructure and innovative research institutions, it is in demand as a residential and commercial city.
Hanover International Airport is less than an hour away by car.
In addition, there is a well-developed bus and train connection with such major cities as Hamburg, Berlin, Braunschweig, Wolfsburg, Magdeburg and others.