Germany
Hamburg
Commercial building in Hamburg
Commercial building in Hamburg - the second largest
(after Berlin) a city in Germany.
The building consists of production, warehouse
and administrative premises.
Land area: 2411m2
Rental area: 975m2
Year of construction: 1992
Major repairs and modernization: 2003, 2015.
The building is leased on a long-term basis until 2024
(the lease agreement starts in 2014)
Rental income per year: 72 120€
Investment return period: 14.3 years
Net profitability: 7%
Price: 1,030,000€
Purchase costs:
property transfer tax 4.5% (46,350€)
Notary services 1.5% (15,450€)
brokerage commission 6% + NDS19% (61800€ + 11742€)
Total costs: 135 342€
The price of the object, taking into account the purchase costs: 1 165 342€
