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Apartment House in Saxony
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Location:
Meißen is the town in Saxony in 25 kilometers north-west of Dresden on the Elbe River. The city's population is about 27 thousand. The most well-known enterprise of the city is the State Porcelain Manufactory Meissen producing handmade porcelain.

Price 540 000 EUR
Plot area500 m2
Property area655 m2
Year built1920
Year of modernization2010
Rented outyes
Number of residential units10
Current year’s income41 000 €
Full year’s income41 000 €
Actual yield7.59%
Potential yield7.59%


Purchase costs
Notarization8 100 €
Purchase tax18 900 €
Brokerage commission (6% excl VAT)32 400 €
Total59 400 €
Property description:

The building was built in 1920. The full modernization of object was carried out in 2010. There are 10 apartments. The total area of apartments - 655 sq.m. All rooms are leased. The lease contracts are termless

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