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12-apartment building with commercial unit

12-apartment building with commercial unit
12-apartment building with commercial unit
12-apartment building with commercial unit
12-apartment building with commercial unit
12-apartment building with commercial unit
12-apartment building with commercial unit
12-apartment building with commercial unit
12-apartment building with commercial unit
12-apartment building with commercial unit
12-apartment building with commercial unit
12-apartment building with commercial unit
12-apartment building with commercial unit
12-apartment building with commercial unit
12-apartment building with commercial unit
12-apartment building with commercial unit
12-apartment building with commercial unit
12-apartment building with commercial unit
12-apartment building with commercial unit
12-apartment building with commercial unit
12-apartment building with commercial unit
Funded
Type:: House
Status:: 100% occupancy
Country: Germany
City: Bremerhaven
Address: 27570 Bremerhaven (Geestemünde), Georgstr. 56

Short description

A building in Bremerhaven, Germany, with parking lots, 698 sq. m. (7,513 sq. ft.) of residential space and 172 sq. m. (1,851 sq. ft.) of commercial space.

Full description

Year of construction (sanitation): 1957 (2008)

Number of apartments: 12
Gross living space: 698.20 sq. m. (7,513 sq. ft.)

Number of commercial units: 1
Gross commercial space: 172.40 sq. m. (4,851 sq. ft.)

Number of parking spots: 18
Vacancy: 100-percent rented

Gross area: 870.60 sq. m. (9,371 sq. ft.)
Land plot area: 1,057 sq. m. (11,377 sq. ft.)

Financial information

Annual dry rental, CURRENT: 65,136.00 EUR
Annual dry rental, ALLOWED: 65,136.00 EUR

Acquisition value, EUR: 735,000
Acquisition value, EUR/sq. m.: 844.25

Annual return: 8.86%


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.