North West Estate - income properties in Germany
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Business realty in Görlitz, Neisse
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Location:
The object is located on the edge from Görlitz, Neiße. Görlitz, Neiße has approx. 59.000 inhabitants and is located in the federal state of Saxony.

Price 4 250 000 EUR
Sold
Property conditionrefurbished
Plot area40990 m2
Property area15995.46 m2
Year built1982
Year of modernization1995
Number of parking spaces200
Rented outyes
Number of commercial units110
Number of garages8
Rentable area12798,87 m2
Current year’s income590 516 €
Full year’s income705 593 €
Actual yield13.89%
Potential yield16.6%


Purchase costs
Notarization63 750 €
Purchase tax148 750 €
Brokerage commission (6% excl VAT)255 000 €
Total467 500 €
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