Price: EUR2650000
Category: Residential For Sale
Property Location: Berlin, Berlin, DEU, Germany
Property Type: Block of Apartments

Full Description: This first-class object is a highly recommended investment property as it is in a great location in a calm area with many different opportunities.

Key facts:

* Year of construction: 1995, last modernisation: 2012
* Complete rentable area approximately 1.397m2
* Property size approximately 547m2
* Purchase Price: €2.650.00
* Direct location to the market place of Brilon
* Very good transport connection

Project

This first-class object presents itself in excellent condition and is directly located by the marketplace of Brilon. The 5 housing units are divided into living spaces ranging between 29m2 to 130m2. The 6 commercial units illustrate a solid mixture of different sectors and complement the city center of Brilon with the direct location of the market place very well.

Due to very good rentable options and excellent condition of the buildung the house represents high interest for investment opportunities in a prospering nucleated town with an attractive after-tax yield. With an effective renting management and complete exploitation of renting potential a middle-term return of almost 6% can be expected.

Location

Brilon is a city located to the east of Sauerland. It has around 26.000 inhabitants and is therefore a medium-sized town, which is part of the Hochsauerlandkreis located in the east of Germanys state North Rhine-Westphalia. The city is an accredited place for air and health resorts. Brilon is connected to the national network of trunk roads via the state roads 7 and 480. Besides that the state roads 251 and 516 start and accordingly end in Brilon. Through these state roads it is easy to access the following highways: A33 (direction Bielefeld: 30km), A44 (direction Kassel: 33km, direction Dortmund: 35 km) and A46 (direction Dortmund: 15 km).

The object consists of the Coffee shop, which is directly located by the market place, the neighbouring apartment and office building.

Commission

Upon the notarization of a property from this offer, the local commission of 4% plus 19% VAT is payable on the registered purchase price.

Floor Size: 1397sq meters
Plot Size: sq meters
Year Built: 1995

Bedrooms: 0
Full Bathrooms: 
Half Bathrooms: 
Furnishings: 

FEATURES
Elevator: 
Swimming pool: 
Garages: 
Balconies: 
Fitted Kitchen: 

Location