North West Estate - income properties in Germany
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Location:
Cottbus is the second-large city of the land Brandenburg. The population of Cottbus is about 100 000 people. In recent years the city became the important center of technology and science. In addition to the Brandenburg Technical university (BTU), in Cottbus also there are some fine colleges offering additional education and professional development.

Price 1 550 000 EUR
Plot area5106 m2
Property area1630 m2
Year built1994
Year of modernization2013
Number of parking spaces66
Rented outyes
Number of commercial units6
Rentable area1630 m2
Current year’s income128 340 €
Full year’s income128 340 €
Actual yield8.28%
Potential yield8.28%


Purchase costs
Notarization23 250 €
Purchase tax100 750 €
Brokerage commission (6% excl VAT)93 000 €
Total217 000 €
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