Residential building in magical Bavaria

Residential building in Germany, in magical Bavaria, just a two-hour drive from Munich, three hours from Berlin, and two hours from Prague. The building has 14 apartments, all of which are rented, with a total annual rent of 66,000 euros.

Additional information:

• Total land area: 1,757 square meters, including a large, sunny garden and terrace.
• Total built-up area: approximately 1,150 square meters.
• Residential area: approximately 838 square meters.
• Commercial area: approximately 312 square meters, currently only partially used.
• Information about the apartments: Total number of apartments: 14, all of which are rented.
• Average cost per apartment: approx. 52,000 euros
• Property value after division: approx. 950,000 euros
• Price per square meter built: approx. 1,150 euros.
• Price lower than the market price

Revenue and yield

• Current monthly income: approx. 5,500 euros.
• Current annual income: approx. 66,000 euros.
• Gross yield: approx. 9.16%
• Possibility of an additional 30% improvement to the value

Kirchenlamitz, Germany
In the heart of the Wenzidel district in Bavaria, Kirchenlamitz is an ideal destination for real estate investments thanks to its peaceful residential environment, access to major cities and tourism, and significant growth potential.

B289 Highway: Link to cities Hof and Nuremberg

Local train station: Connection to public transport and employment centers.

Autobahn: A9 Quick access to Munich and Berlin.