Realestate

Real Estate Investment in Wiesbaden/Frankfurt/Main,Germany

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June 25, 2013

Buying an existing Real Estate in Wiesbaden, Germany

This building is in a central location of Wiesbaden and consists of  10 apartments (1.025 sqm) and 2 tops (225 sqm).

Purchiseprice: € 2.100.000
Tax+costs: € 300.00
Renovation: € 400.000
Total Investment: € 2.800.000,00

Financing:
Bank Loan: € 2.400.000
PE: € 400.000
Term of the PE: max 8 months
Security: Mortgage (second place after the financing bank)

Value after Renovation: € 3.200.000
Total Rent Income: € 208.000

For more information, please visit DealMarket.com

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