| Type | Block of flats |
|---|---|
| Living area approx. | 312 m² |
| Rooms | 12 |
|---|
| Plot area | 445 m² |
|---|
| Purchase price | 395.000 € |
|---|---|
| Price per m² | 1,266.03 €/m² |
| Commission | 7,14% |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
The initial payment is estimated as loan amount × (interest + repayment) ÷ 12. Individual lending terms, special repayments and further fees are not included. Tax, notary and agent costs may differ in your case. This is not a financing offer or financial advice.
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More financing calculators and assumptionsThe apartment building is located in an exposed location in Bannewitz in the district of Possendorf. The property has already undergone several renovations in recent years. The commercial unit on the ground floor with approx. 80 m² net floor area has been completely refurbished and renovated as part of the new letting. Another unit on the ground floor, a small office with approx. 20 m² living area, is currently vacant. On the upper floor and attic there are 2 residential units each with approx. 50/46 m² and 2 x approx. 58 m². At full occupancy, the target annual rent amounts to EUR 24,714,-. This would result in a yield of approx. 6.178 %.
The property offers the opportunity to increase the rent in the long term and thus also the return generated when re-letting.
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