Apartment building in Kiel.
Description
Apartment building with a total leasable area of 13,204 m² includes:
- 5 commercial premises
- 156 apartments
The current annual income is 942,361 €.
The current yield is 5%.
The expected annual income is 1,029,717 €.
The expected yield is 5.5%.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.5%.
Brokerage fee is 3% + VAT 19% (total 3.57%).
The building is located in Kiel. There are many well-known chain supermarkets, pharmacies, shops and restaurants in the immediate vicinity of the building.
Kiel is the capital and most populous city in the northern German state of Schleswig-Holstein, with a population of about 250,000 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.
