£2,179,687 GBP | $2,715,225 USD
Type: Commercial-Retail
Floor area: 1709.51 m2
Land area: 12181 m2
Agent/Owner:
Cyprus Luxury Properties
Mark Elliott
Location: Cyprus
Speaks: English, Italian,Russian
Advert last updated: 4/18/2024
Avoid Fraud - Read our Disclaimer
Holprop LTD does not act as a broker or agent in anyway for any of the properties hosted/advertised on this website and we do not take or arrange bookings. The content information is provided by the Agent/Owner of the property. Any contractual arrangements regarding purchase or rental of any of the properties will be strictly between the property Agent/Owner
and yourself and does not involve Holprop Ltd. in any way.
It is the responsibility of the person proposing to rent or buy any property to satisfy themselves of the accuracy of the details before they proceed and the responsibility of the Agent/Owner to satisfy themselves as to the validity of any proposed renter/buyer. We are simply a hosting portal for individuals or companies to advertise their properties.
We do however reserve the right to remove any properties for any serious misrepresentations or unsatisfactory practices where we have received multiple complaints.
Report this advert
Commercial (Shop) in City Area, North Rhine - Westphalia for Sale
Description:
The property is located in a small town. The tenant is the biggest retail chain. The lease agreement is signed until 2032, without the right to terminate until October 2022. The tenant is one of the largest representatives of chain supermarkets in Germany, with a turnover of more than 50 billion euros. The supermarket offers more than 25,000 different products, including local products, Organic products and Fairtrade products. To date, the supermarket chain has expanded to 3,300 branches throughout Germany.
Funding
Loan rate 2.5% Loan term 10 years Down payment 60% Interest (in the first year) 24.186 €
Financial calculation
Property price €
Acquisition costs: 318.750 €
Notarization 38.250 €
Purchase tax 127.500 €
The total investment €
The volume of own funds €
Amount of borrowed funds €
Information on the loan
Annual annuity 115.229 € Interest payment (in the first year) 24.186 €
The loan term is 10 years
The effective interest rate of 2.5% equity ratio 60 %
Loan repayment date December 2030
Financial indicators
Annual income 209.474 €
Annual operating expenses 12.568 €
Interest on the loan 24.186 €
Payback period, 15 years
Return on investment 9.29 %
Rental income
Rental income per year current 209,474 €
Rental income per year full 209,474 €
The current yield of 8.21%Full yield 8.21%
Add to shortlist
Contact Agent/Owner
Translate
EN
DE
FR
ES
IT
NL
PT
RU
