819 696 €
819 696 €
Full Property Description:
Key Financial Overview
Full Market Value: €1,359,938
Acquisition Option: Purchase via company takeover (existing loan transferable).
Required Investor Equity: €819,696
Assumed Loan: Transferred to the new owner.
Current Financial Performance:
Annual Income (Actual): €82,296
Return on Equity: 10.03% (€82,296 / €819,696)
Net Yield After Loan Interest (2.7%): 7.33%
Projected Financial Performance (Full Occupancy):
Potential Annual Income: €107,739.96
Return on Equity: 15.53% (€107,739.96 / €819,696)
Net Yield After Loan Interest (2.7%): 12.83%
Property Highlights
Location: Prime residential area near Ruhar Park shopping center, adjacent to green parkland.
Year Built/Renovated: 1951 (reinforced concrete floors) / 2020–2023 upgrades.
Total Area: 1,690 m² | Land Plot: Included in sale
Layout:
12 commercial units
13 parking spaces
Apartments with large balconies/terraces
English-style courtyard with office spaces (ideal for remote workers)
Recent Upgrades:
New heating systems (2022)
Office renovations (2021)
Updated electrical wiring (2024)
Gas heating
Amenities:
Spacious, lush garden (tenants’ exclusive use)
Proximity to supermarkets and green spaces
Quiet, park-facing views
Rental Potential
Current Status: Nearly fully rented.
Upside Opportunity:
Rent increases for long-term tenants (below-market rates).
Finalizing lease agreements for remaining units.