The house in Duisburg is located in a quiet neighbourhood.
Central heating, most windows were replaced in 2014, all bathrooms have been tiled, electrical wiring and appliances are periodically repaired. All basement walls are insulated and insulated. Entrance hall was refurbished 2 years ago and looks like new. Terrace was renovated in 2013.
Return on equity of ~9% (€90,720 / €999,000).
Possible loan from a German bank in the amount of 40-45% of the sales price. Bank rate (for non-residents) 2.85% per annum ("firm", for 10 years). The loan is available for a period of 2-3 to 20-30 years. Profitability with bank leverage is ~11.5 - 13% depending on loan term and amount.
List of the most important enterprises and educational institutions in the city, whose employees and students are potential tenants:
Europe's largest port city,
Germany's second largest railway hub (after Frankfurt am Main)
ThyssenKrupp AG - manufacturing of steel, metalworking equipment, lifts and escalators
E.ON AG - Germany's largest energy company
DHL International - delivery of goods, mail and warehousing
Hitachi Power Europe - Hitachi European Headquarters
University of Duisburg-Essen
Current profitability: 9 %
Annual income present (after utility bills): € 90,720
