Modern nursing home in Baden-Württemberg.
Description
The nursing home includes 120 beds.
The building is constantly maintained in good condition, minimal repairs are carried out annually. Next year, the cost of repairs will be about 300,000 €.
Absolute annual income is 769,272 euros.
The current yield is 4,7%.
The tenant is one of the leading German providers of nursing and care for the elderly. The company has over 30 years of experience, over 100 facilities under management and about 7,000 employees.
The lease agreement was concluded in 2001, it is valid for 20 years with the extension option for 1x5 years.
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 5%.
Brokerage fee is 4% + VAT 19% (total 4,76%).
The property is located in the federal state of Baden-Württemberg, in a city with a population of more than 40 thousand people.
Baden-Württemberg is the land in the south-west of Germany with the population more than 10 million people. The capital is Stuttgart.
Baden-Württemberg is the region with the developed economy and the lowest unemployment rate in Germany. There are such world-famous companies as Mercedes-Benz, Audi Sport GmbH, Daimler AG, IBM, Karl Storz, Porsche AG, Robert Bosch GmbH, SAP, Voith, Testo, ZF Friedrichshafen AG here.
There are 2 nuclear power plants in Baden-Württemberg, numerous hydroelectric power stations are built on the rivers of the region.
There are 9 universities, 39 specialized universities, and about 130 research institutions in the region. The Heidelberg and Tübingen universities are among the oldest in Europe.
The beauty of nature and the abundance of historical attractions contribute to the development of tourism in the region.
