Supermarket in Germany

Bielefeld, Germany

For Sale

$2,606,018

Property ID :

 22

Share

Added to Favorite

Favorite

Print

Price

$2,606,018

Financing

50%

Equity Required

$1,303,009

Area

1070

Description

The property was developed in 2017

Rental Income: 137,643  €

Rental Yield: 6.26%

Rental Period: until 2047 (without the right to terminate until 2035)

Acquisition Expenses

Notary Registry: 33,000 € 

Purchase Tax: 143,000 €

Agency Commission (6% excl. VAT) : 132,000 €

Total: 308,000  €

Financing

Interest rate: 2.2%

Period: 15 years

LTV: 50%

Location

The property is located in a city with a population of 35 thousand people, not far from Bielefeld. Bielefeld is a city of subordination to the north-east of North Rhine-Westphalia. With a population of more than 320,000 inhabitants, it is the largest city in the Oestestfalen-Lippe region and its economic centre. Bielefeld is a developed industrial centre, world-famous Bielefeld has been gained by such industries as food, machinery, light industry and information technology.

Similar Properties

Investment, Design & Property Management