4 APARTMENTS and STORAGE SPACES / 11% annual potential yield

INVESTMENT OPPORTUNITY in the form of an apartment building located on SNP street in the city of Žiar nad Hronom. The interior of the property consists of a basement and ground floor. The basement offers wide possibilities for various uses. The ground floor consists of four separate apartments, two of which are two-room and two are one-room. The larger apartments have an area of 64 m2, while the smaller ones have an area of 32 m2. This fact provides opportunities to meet the needs of a wider range of tenants and create cash flow. The potential yield from renting all apartments is around 1800 euros per month (21,800 euros annually) before deducting costs. (Return on investment approximately 9 years) without the need to pay into a repair fund. In 2015, a renovation was carried out - new electrical, water, and sewage installations, plastering, flooring, plastic windows, and doors. After modifications, part of the land can be used as parking for motor vehicles. This can increase the comfort of future residents of the house and further contribute to the attractiveness of this investment.
Link to 3D virtual tour:
https://my.matterport.com/show/?m=Cxo5YWFW8cX
Purchase price: 174,900 € Land: 361 m2 Built-up area: 209 m2 Floor area: 373 m2 Building material: brick Roof: asphalt strips Windows: plastic with insulating double glazing Condition: renovation in 2015 Electrical installations: new (copper) Water supply: public Gas: no Sewerage: public Heating method: local electric heating (convector)
The price includes the commission of the real estate agency and related services, such as legal advice, preparation of reservation and purchase contracts, verification of signatures by a notary, and administrative fees at the cadastral office. This is the final price.
Real estate agency Amicus reality s.r.o. Námestie Matice slovenskej 4 Žiar nad Hronom 965 01 Miroslav Beniak +421 905 369 269