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Office center near Dresden
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Dresden is the capital of the Free State of Saxony. Dresden has approximately 515 000 inhabitants. The economy of Dresden and the Dresden agglomeration is one of the most dynamic in Germany. It is dominated by the high-tech branches: semiconductor industry (AMD, Infineon Technologies, Qimonda), pharmaceuticals (Linde AG, GlaxoSmithKline-Konzern), mechanical and electrical engineering, bioengineering, nano technologies and IT (SAP SI AG, T-Systems, TecArt Group, Siemens AG). Another important economy sector is tourism: Dresden is visited by approximately 7 Million tourists every year.

Price 1 200 000 EUR
Plot area1250 m2
Property area1400 m2
Year built1998
Number of parking spaces18
Rented outyes
Current year’s income88 000 €
Full year’s income88 000 €
Actual yield7.33%
Potential yield7.33%

Purchase costs
Notarization18 000 €
Purchase tax42 000 €
Brokerage commission (6% excl VAT)72 000 €
Total132 000 €
Property description:

There are 5 commercial rooms on the ground and second floors. On the third floor - apartments. The lease contracts at all tenants are termless.

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