Apartment building with residential and commercial premises in Augsburg.
Description
Two adjacent buildings with a total area of more than 1,200 m²:
- 10 apartments
- 5 commercial units
- 3 garages
- 4 parking spaces
The annual income is 110,000 €.
The yield is 3.3%.
The property is fully let.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
Brokerage fee is 3% + VAT 19% (total 3.57%).
The property is located in Bavaria, in the city of Augsburg, 3 km from the city center. The nearest public transport stop is less than 100 meters away.
With a population of 300,000 inhabitants, Augsburg is the third largest city in Bavaria and a major scientific and industrial center.
Bavaria is a federal state in the south-east of Germany. With an area of 70,550 km² Bavaria is the largest German state by land area. With 13 million inhabitants it is Germany's second-most-populous state after North Rhine-Westphalia. Bavaria has one of the largest economies of any region in Germany, and in Europe.