Investment Apartment in Mozartstraße, Plauen, Germany
Size of Apartment is 32 sqm
Housing Allowance is 85e
Rental Income will be €135 before management and communal fund contribution est to be 35e p/m
Total net rental income will be €105 x 12m = €1200
6 month rental guarantee of €135 x 6m = €810 (currently no tenant in place, however this apartment comes with a rental guarantee of 6 months, this is more than sufficient time to allow the management company find a new tenant)
Management company speaks good English
No Refurbishment needed
Summary
€11,795 plus 5% cost
Net Rent into investors pocket will be €1200 p/a
Reservation fee on this unit is €1,500 unit will be reserved on a first come first served basis
Email me and I will send you on pictures of this immaculate apartment.
Edward Kirwan BSc (Hons)
Estate Mangement & Investment Portfolio Consultant
0034 354 025 358
Skype: fincafantastica
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Filed under Edward Kirwan, Property Investment Germany by Overseas Property Investor
