A rented condo was so far one of the classics of properties that are used for the purpose of investment. Thus, investors opt for a condo, for high returns are promised should be done prior to the acquisition in any case, a proper assessment that shows potential problem areas in advance and thus allows an informed purchase decision.
The gross returns for condominiums is today however, similar to the yields on investment properties (residential and commercial), usually only between 1.5% and 3.5% . Therefore necessary maintenance and rental losses can lead also to a underfunding (rental income cover costs anymore). Caution is necessary!
The initiators of the village have developed the City Village. The City Village promises returns of 6%, depending on the location and demographic development of the region.
|Condominium||purchase price||rentalincome (net cold)||gross return|
|4 Zimmer ETW||375.000||24.000||6,4 %|
If you are interested, we would appreciate a contact very much to give you serious and sustainable advise.
Offers from 2nd quarter 2019
fon: +49 (0) 30 548 11 944
fax: +49 (0) 30 551 05 900