Rental house in Germany, Munich, 720 sq.m. For Sale

Munich, Germany
182 689 000 ₽
253 700 ₽ / sq.m.
Rental house in Germany, Munich, 720 sq.m.
Rental house in Germany, Munich, 720 sq.m.
Rental house in Germany, Munich, 720 sq.m.
Rental house in Germany, Munich, 720 sq.m.
  • Area: 720 sq.m.

Description

The proposed apartment house is located in the south-east of Dsseldorf. The 3 storey building has 18 apartments.

Currently, the apartments are partially rented, 9 apartments are renovated and furnished. 9 require repair, but are leased. Rent rates can now be raised by 20%, since they have not risen for more than 10 years and are significantly below the market level. At present, the income from the rented apartments is 29 435 Euros, after the increase and delivery of all apartments, the total return is 90,720 Euros.



You can use several options for renting an apartment.

1. As a furnished apartment with kitchens, with an annual return of 146,880 euros and 8. 2% profitability.

2. As unfurnished apartments, with an annual profit of 90,720 Euros and approximately 5% of profitability.

3. Daily rent with a profitability of 384 000 Euro and 21. 4% profitability.

The above calculations are based on the market situation and market demand in the region and are of a reference nature.



The house has a separate entrance from which there are open corridors to the entrances to the apartments. Each apartment is approximately 40 sq. m. With balconies. All apartments have a shower room with a toilet.

From the center of Dsseldorf, the house is about 7 km away. The airport is 20 minutes away. The University of Dusseldorf is 5 km away, the University Clinic is 6 km away, the exhibition is 20 minutes away.

In the immediate vicinity there are public transport lines, infrastructure facilities. Also in a few minutes drive are parks with castles Garat and Benrat for rest, sports and walks.

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