Mercury Group
Construction market in Olbernhau in Saxony
- Germany, Saxony
- 0
- Germany, Saxony
- 0
Property description
Tenants are a chain store of construction and household goods and a textile store. Lease agreements until 2031 without the right to terminate.
Olbernhau is a city in Germany, in the state of Saxony. Subordinate to the administrative district of Chemnitz. It is part of the Ore Mountains region. It is located on the Fløa River approximately 25 km east of Annaberg-Buchholz. There is a railway station. The population is 10,500 people.
Return on investment - 7.42%
Rental income per year full - 81600 Euros
Basic parameters:
- Germany, Saxony
- 0
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
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