North West Estate - income properties in Germany
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Retail and office complex near Dresden
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Location:
Dresden is the capital of Saxony. The city's population - about 515 000 people. One of the leaders of Germany's economic growth. Most enterprises in the city working in the fields of microelectronics (AMD Saxony, Infineon, Qimonda), information (SAP SI AG, T-Systems, TecArt Group, Siemens AG) and nanotechnology (development superconductors), biotechnology, pharmaceuticals (Linde AG, GlaxoSmithKline-Konzern) , engineering, tourism (7 million tourists annually) and culture, while working closely with numerous universities in the city.

Price 2 070 000 EUR
Sold
Property conditionnew
Plot area4982 m2
Property area1715.70 m2
Year built1994
Year of modernization2013
Number of parking spaces78
Rented outyes
Current year’s income190 120 €
Full year’s income190 120 €
Actual yield9.18%
Potential yield9.18%


Purchase costs
Notarization31 050 €
Purchase tax72 450 €
Brokerage commission (6% excl VAT)124 200 €
Total227 700 €
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