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Ulmer Str 300, Stuttgart Baden Württemberg, Germany

€42,968
- Site / Land For Sale
Edited 1 year ago

Description

This is a syndicated portfolio of German properties which are being sold under one structure. The minimum investment is €50,000.

These are low risk and extremely lucrative medium term investments. The best feature is that you aren´t betting on the price of the real estate to increase - it´s more a case of purchasing with a 7% yield, paying down the capital and interest on the commercial mortgage, increasing rents by 1% or so per year and selling onto another party who needs a 7 or 7.5% rental yield.

That´s enough to generate a 70% return on an equity deposit of 35-38%. The key is to invest prudently with both solid tenants & managers in place and to have a clear exit market and timeframe.

These are ideal for people who want to put aside some money now that they can access closer to retirement in 5, 10 or 15 years.

An opportunity to purchase the former Head Office of a €200M turnover company in Stuttgart. It is in an excellent location, benefits from the economic strength of Stuttgart (GDP exceeding Finland), and is close to the city centre and the Mercedes Daimler headquarters.

This property was recently re-developed and now contains eleven office units and which have been let to a strong mix of service companies. There is a total of 15,200 sq ft of rental space divided between 11 units across 4 floors. Target rental yields are 6.7% with 62% financing (net of all closing costs & fees).

Haus Favorit has an exceptional location within 10 minutes drive to city centre and 5 minutes from the Mercedes-Daimler headquarters, the Mercedes Museum and Neckar soccer stadium. There is a lack of both office/commercial property and new high quality apartments in this and area and the re-development project is targeted at addressing that need.
Contact Agent

Interested in this Overseas Property?

Contact the Estate Agent about: Ulmer Str 300, Stuttgart Baden Württemberg, Germany
Torcana
  • Torcana
  • 14 Pembroke Cottages, Main Street, Dundrum, Dublin 14
  • Phone: 01 443 3991
  • Fax: 01 258 6016

Torcana

agentLogo
  • Torcana
  • 14 Pembroke Cottages, Main Street, Dundrum, Dublin 14
  • Tel: 01 443 3991
  • Fax: 01 258 6016

Contact the Agent:

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