Nursing house with rehabilitation center with a long-term lease agreement.
Description
The nursing house includes 51 apartments.
The property is in good condition.
The absolute annual income is 1,200,000 €.
The current yield is 5,5%.
The current tenant has been renting the property for 20 years.
The new lease agreement is valid for 15 years.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3,5%.
The property is located in the federal state of Bavaria, in a city with a population of more than 50 thousand people.
Bavaria is the largest in terms of area among the 16 federal states of Germany, it has the largest economic and scientific potential and it is in the lead in terms of economic growth. The population of Bavaria is more than 12 million people. The capital city is Munich.
Machine building is played the most important role in the economy of Bavaria, in particular, the automobile industry and the aerospace industry. Electrical engineering, precision mechanics, optics, the production of medical equipment, and the chemical industry are also developed.
Tourism is one of the main sources of income for Bavaria. The annual number of tourists in Bavaria exceeds 34 million people. The most popular places are the Bavarian lakes, the Alps, as well as the cities of Munich, Augsburg, Regensburg with their historical sights, museums, beer gardens, fairs and the famous Oktoberfest.
