North West Estate - income properties in Germany
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Shopping center close to Wolfsburg
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Location:
Wolfsburg has a population of approximately 121 500 people and is located in the federal state of Lower Saxony.

Price 4 530 000 EUR
Sold
Property conditionNew
Plot area6000 m2
Property area4426.12 m2
Year built2010
Number of parking spaces90
Rented outyes
Current year’s income362 244 €
Full year’s income362 244 €
Actual yield8%
Potential yield8%


Purchase costs
Notarization67 950 €
Purchase tax226 500 €
Brokerage commission (6% excl VAT)271 800 €
Total566 250 €
Property description:

Lease contracts with the tenants for 15 and 10 years + possibility of prolongation 3x5 years.

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