8 Residential Unit investment in Bremerhaven – PV574
€525.000 Euro - Residential Apartment Block
This is a residential investment consisting of 8 units. Constructed circa 1900 and refurbished in 2017. This property is fully rented at 41.520 Euro p.a. giving a yield on asking price of 7,91%.
Despite the property’s recent schemes of renovation (new balconies, bathrooms and re-decoration in recent years), there remains potential to develop the attic (potentially another 145 sqm) and this is an area on the up.
We would recommend exploring this investment further and would welcome any enquiries around the potential and current rental performance.
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.