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Nice, solid, renovated and partly reconstructed multifamily building

Nice, solid, renovated and partly reconstructed multifamily building
Nice, solid, renovated and partly reconstructed multifamily building
Nice, solid, renovated and partly reconstructed multifamily building
Nice, solid, renovated and partly reconstructed multifamily building
Nice, solid, renovated and partly reconstructed multifamily building
Nice, solid, renovated and partly reconstructed multifamily building
Nice, solid, renovated and partly reconstructed multifamily building
Nice, solid, renovated and partly reconstructed multifamily building
Nice, solid, renovated and partly reconstructed multifamily building
Nice, solid, renovated and partly reconstructed multifamily building
$340 700
Type:: House
Status:: Residential accomodation
Country: Germany
City: Bremerhaven
Address: Бремерхафен

Short description

This refurbished and partially reconstructed (2011-2014) multifamily 10-apartment building is for sale on the outskirts of a downtown district of Bremerhaven, the city at the North Sea.

Full description

Price: €310,000 (€684.77/ sq.m.)
Total area: 452.71 sq.m.
Residential area: 452.71 sq.m.
Land plot: 200.00 sq.m.

Construction year: 1910
Most recent renovation: 2011-2014
Number of apartments: 10
Vacant rooms: 0


Lease price (nominal): €26,352
Lease price (real): €26,352
Lease/sq.m.: €4.85 (Ø nominal/real)

The location of the building might be described as average to good, on the outskirts of a downtown Mitte district, 800 m from the downtown itself with the pedestrian zone. The facility is surrounded by the following infrastructure, with distance indicated in km:

City downtown: 0.8
Pedestrian zone: 0.8
Shopping mall: 1.7
Supermarket: 0.6
Schools: 0.5
Kindergartens: 0.5
Highway: 3.0
Central train station: 3.2
Bus stop: 0.2
Airport: 6.4

Financial information

The price per square meter for this facility is €684.77. The price trend for 2015 was an increase by 3.46%. The facilityprice is expected to increase in two to five years.Lease price is €4.85 /sq.m. The price trend for 2015 was between €5.10 and €5.20 per sq.m. (+ 3.77%). The pricerange in the same area is between €4.50 and €7.10 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.