Beschreibung
**The building is close to the pier and the historic centre of Antwerp**
Location: Antwerpen land Area: m Total area: 720m2 built Year: 1919 Number of floors: 2 Number of units: 4 Technical condition of the object: Good Leased: 0% equity: 985 875 Euro total Cost: 1 650 000 EUR leverage: Yes Rate on Bank loan: 3,5% Rental yield: 7 000 EUR Current return on investment: 4.1% of the Management company: Yes Accounting support: Yes Tax support: Yes a Hands-off investment: 100%
The proposed building has a unique location due to the proximity of the reconstructed quay, allowing you to Park a yacht right under the Windows, and the historic centre of Antwerp, has a well-developed infrastructure. The harbour, where the dock is located between the city centre and the current port, which is the second largest port in Europe. In Antwerp more nowhere is there such places.
The building has a wide facade length is 21 meters, a large hall with adjoining office premises with area of 700 sq.m, basement approximate area of 250 sq.m. and is equipped with alarm system. The floors in the renovated premise made of polished concrete, walls of red brick. The layout and location of the object allow you to use it for various purposes: it can be a dealer but can be four independent office, each of which will have own bathrooms.
The building is of architectural and historical value not only for Antwerp, but for Belgium.
FINANCING, INCOME, EXPENSES, PROFITABILITY
The net cost of the object
€1.650.000
INCOME
Current profitability
on private investment
4,1%
Rental yields months / a year
€7.000
€84.000
ADDITIONAL EXPENSES
WHEN PURCHASING
The purchase tax
12,5%
€206.250
Notary and registration
1,5%
€24.750
Commission
5,5%
€90.750
Other expenses
--
0
Project TOTAL
--
€1.971.750
FINANCING
Own funds
50%
€985.875
Loan amount
50%
€985.875
The effective rate
3,5%
CREDIT
The loan term, years
10
Fixed payment per month
--
€9.749
The loan payment per year
--
€116.987
OPERATING COSTS
Insurance per year
±
€1.610
Property tax per year
±
€3.885
Driven/service in months %
11%
€770
The repair. the Fund (% of lease)
7%
€490
Other expenses in months
--
€000
Other expenses in months
--
€000
MACROECONOMICS
Annual growth of rentals
2.0%
Cost inflation
5,00 %
The growth rates of revenue
the real estate in Belgium in the year
2.5%
1. The price is the sum which will be paid directly to the seller.
2. Equity - the totality of all spent their own funds to realization of the project including the design of the object. In the calculations of financial modeling, we consider 50% as the baseline scenario. This amount may vary depending on the capabilities and preferences of the buyer and the approval of the lender.
3. Leverage is the ability of financial participation in this project of borrowed funds, this is a mortgage loan.
4. Rate on Bank loan is the rate expressed as a percentage in годоboм terms, in our calculations we opredelili her kak of 3.5%, which is certainly close, with this unit.
5. The rental yield is the amount generated by the project at the expense of renting.
6. The current return on private investments is the aggregate income of the project in relation to your own investments.