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Buy To Let Bavarian investment opportunity

Type: Condo For Sale

Description

You want to achieve higher yields than in cities like Berlin?
Hamilton International Group is happy to present our latest buy-to-let investment opportunity outside of Berlin to you.
The property is located in the state of Bavaria, which has the lowest unemployment rate in whole Germany. It also has the highest GDP in this country.
The property itself is perfectly located near the two major cities in Bavaria: Munich and Nurnberg.
Bavaria Investments in Augsburg-Bobingen
In the city of Augsburg, Hamilton International is presenting you a just core refurbished property with high yields, good capital growth and a very good tenant structure.
Augsburg is located about 40 minutes from Munich.
Triple net rents are at €5.30 up to €5.60 per m2, which is up to €0.80 higher than in Berlin (depending on the district). On a unit at 55.41m2 you have a true net income of almost €1000 if you finance at an LTV of 50%.
This gives you a true net yield of 5.1% from the first year on. In year 10, your true net yield would be at about 6.5%, calculated on a 20% rental increase every three years.
The price per m² is €1400 (GBP 1000) only. With this opportunity, all transaction costs are included as well as 3 years management fees paid already. This offer is only valid till the 30th of November 2007 because of the great feedback we have on this deal.
Augsburg-Bobingen is about 40 minutes off the airport of Augsburg and very well connected through bus lines, trains, state steets and highways.
Because this is our pre-launch offer, we take care of 3 years maintenance fee for you, which will sit in the bank account dedicated to your apartment. Yields after all costs, so called triple net yields, are at 5.1% from the first year on, increasing to 6.5% after year 10.