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Close to the Centre, fully renewed multi family home

Close to the Centre, fully renewed multi family home
Close to the Centre, fully renewed multi family home
Close to the Centre, fully renewed multi family home
Close to the Centre, fully renewed multi family home
Close to the Centre, fully renewed multi family home
Close to the Centre, fully renewed multi family home
Close to the Centre, fully renewed multi family home
Close to the Centre, fully renewed multi family home
Close to the Centre, fully renewed multi family home
Close to the Centre, fully renewed multi family home
$1 485 000
Type:: Коммерческий-жилой дом
Status:: Residential accomodation
Country: Germany
City: Bremerhaven
Address: Митте (Mitte)

Short description

From 2014 to 2016 fully renovated & renewed buy-to-let multi family home with 23 flats and 1 commercial unit situated in the district of the city Bremerhaven –'Mitte'.

Full description

Purchase price: 1.350.000,00 € (743,39 €/ sqm)

Total area (sqm): 1.816,00 sqm
Living area (sqm): 1.613,00 sqm
Commercial area (sqm): 203,00 sqm
Land size (sqm): 1.461,00 sqm

Year of construction: 1950
Year of renewing: 2014/2015 гг.

Residential units: 23
Commercial units: 1

Units vacant: 0

Prospected rent p.a.*: 102.324,00 €
Current rent p.a.*: 102.324,00 €
Rent/ sqm: 4,70 € (Ø nom/current)

Well / medium well situated in the district of 'Mitte', just 500 m walking distance to the Centre of the City and pedestrian area.

Distances:

Centre of the City: 0,5
Pedestrian Area: 0,5
Shopping Mall: 1,2
Supermarket: 0,5
Schools: 0,4
Kindergardens: 0,4
Motorway: 2,9
Central Station: 2,7
Bus Stop / Bus Terminal: 0,2
Airport: 6,5

Financial information

The price per square meter for this facility is €743.39. The price trend for 2015 was an increase by 5,98%. The facilityprice is expected to increase in two to three years. Lease price is €4.7 /sq.m. The price trend for 2015 was between €5.80 and €9.5 per sq.m. (+ 3.10%). The pricerange in the same area is between €3.90 and €11.30 per sq.m.

Bremerhaven: average price per sq. m., October 2016

Bremerhaven: average lease price per sq. m., October 2016

Market analysis

Bremerhaven is a small city in the northeast of Germany, at the North Sea coast. Together with Bremen, located in some 60 kilometers, Bremerhaven forms one federal state of Germany.

Bremerhaven is an important export center of the country. It hosts one of the largest sea ports of Europe and the world, which develops constantly, thus creating more new jobs. An influx of population has been recorded in the city for several years now, which keeps the demand for accommodation growing.

Experts say the city has great economic future, so investments in Bremerhaven’s real estate will bring guaranteed profits.