House in Germany. We offer a profitable object with residential and commercial premises.
Object code is 9607
Type - Housing and commercial
Price - 925,000 €
Price per sq.m. - 1081 €
Year of construction - 1897
Year of modernization - 1996
The plot area is 602 m2
Useful area - 856 m2
Commercial / residential units - 9
Object status - Partially leased
The annual income is € 112,992
Yield - 12.22 %
Registration services - 66,045 €
Legal costs - 11008 €
Real estate purchase tax - 55500 €
State duty (entry in the register) - 200 €
The cost, including additional costs, is € 1,057,753
* 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.
Apartments + office + shop.
The proposed facility is located in the center of Bremerförde in the federal state of Lower Saxony between the major cities of Germany - Hamburg, Bremerhaven and Bremen.
In the immediate vicinity of the facility is a school, kindergarten, branches of several large German retail chains and other necessary infrastructure for life and work.
The property is located on its own land area of approx. 600 m2, which is also for sale and is already included in the price stated by the seller.
Real estate with a total area of approx. 800 m2 (residential approx. 250 m2, useful approx. 550 m2) is divided into:
- Ground floor (approx. 340 m2)
• three trade premises (75 m2, 130 m2, 140 m2)
- Second floor (approx. 200 m2)
• office space (approx. 110 m2) and apartment (approx. 80 m2)
- Third floor (approx. 100 m2)
• office space
- Attic floor (approx. 160 m2)
• three apartments (approx. 80 m2, 45 m2, 35 m2)
For the convenience of residents in the house there is a passenger elevator.
Heating - central gas.
Flooring - linoleum, carpet, tile.
The windows have plastic windows.
The bathrooms are equipped with the necessary plumbing, built-in bathtubs or showers.
The house has basements (approx. 50 m2) for technical needs and storage.
Water, sewerage, electricity, internet and telephone services are available.
According to the seller, retail space and all apartments are leased for a long time, two office spaces are empty.
The house is a state-protected architectural monument, so it is possible to receive grants and subsidies from the fund for the restoration and maintenance of architectural monuments, as well as tax benefits for the restoration or repair of the object, if necessary.
The new owner can dispose of the property at his own discretion - to live in it, manage the property himself, 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 more than 110,000 euros in annual income.
The facility is currently under external competitive management and will be put up for legal auction or sold directly by the bank through the court to a new investor.
It is offered for sale 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 specialists, during the court bidding the price of the object may be further reduced by 10-15%, which further increases the investment attractiveness of this property.
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 int. Bremen airport: 70 km (approx. 50 min by car)
Distance to int. Hamburg airport: 90 km (approx. 1 hour by car)
Distance to int. Hanover Airport: 150 km (approx. 1 hour 20 minutes by car)
Cuxhaven is a city in Germany in Lower Saxony on the North Sea coast. It is located at the mouth of the River Elbe, 120 km from Hamburg and 99 km from Bremen. Cuxhaven is the third largest seaside town in the region and one of the largest resorts in Northern Germany.
Cuxhaven is located in the northernmost part of Lower Saxony, at the point where the Elbe flows into the North Sea. The city has been a resort since 1816. It is annually visited by more than 3 million tourists. Cuxhaven can offer you: the charm of the coastal city, walks along the North Sea and the famous watts (shoals that dry at low tide and flood at high tide), the freshest seafood.