35 Residential and 5 Commercial Unit Investment in Bremerhaven Mitte – PV571
€2.750.000 Euro - Mixed Residential with Commercial Units
This is a significant property consisting 35 residential units, 5 commercial units and 8 car parking units. All fully rented at 180.472 Euro p.a. delivering a 6.56% yield on the purchase price.
Constructed in 1962 this building is in excellent condition with a number of recent renovations. Circa 72k Euro being invested in the fabric from 2013 to 2016.
Located at the edge of the main city centre area, the property is less than 500m to a number of key locations within the city and is very popular with tenants.
This is a solid investment in prime Bremerhaven. Please do get in touch for more information.
Due to its already strong yield, this property will appeal to all investors looking for a high rental return. Finance should be expected at the level of 60-70% LTV, dependent on client status and bank chosen.
Please contact us for more details and rent information.
Bremerhaven is Germany’s second biggest port, Hamburg being the biggest, and lies to the north west of the country around 100km east of the Dutch border. The city is located in the state of Bremen, being around 50km north of the city of Bremen, a train ride of around 30 minutes. Passengers by air would usually use the city airport of Bremen, served 2 times per day to London, daily to Edinburgh and numerous flight across Scandinavia, Spain and Italy. Bremerhaven therefore enjoys easy access for investors across Europe, with schedules often allowing for a day inspection trip, without the need for overnight stays, useful whilst researching the market and keeping on top of investments once made.
You can search this site for Bremerhaven to find out more, or get in touch if you would like to discuss this, or any other aspect of our service or portfolio.
ProVenture Property are consultants offering market advice and deal brokerage for investment properties across Germany. Whilst we list many of our potential investments publicly on this site, many are not publicly listed, so please register your interest and investment goals with us if you are at any stage of the investment process.