Last update 10-10-2024 views: 1 219
Property parameters
Location
Detailed description
Austria
Vienna
Fitness center in Vienna (6% per annum)
An investment object in Vienna with a valid lease agreement.
Tenant: one of the largest medium-budget mass networks of fitness centers in Austria, designed for a wide range of visitors. Under the management of a network of more than 35 fitness centers in Central European countries. A subscription to visit the hall is purchased for a period of at least 1 year, the cost of the subscription is 20 €/ month.
Visiting the center is possible on any day of the week, from 06.00 to 00.00 hours.
Location: densely populated area of Vienna.
The fitness center is very popular and is characterized by high attendance.
Building area: 1834m2
Lease agreement:
valid from 1.09.2014 for 8 years + option to extend 2 times for 5 years.
The rental rate is€6,8 per 1 m2 of area/month.
Rental income:
per month: €12,471.2
per year: €149,654.4
Profitability ≈ 6% per year
Payment to the building repair fund ≈ 1,730.4 €/ month (20,764.8 €/ year)
Price: 2,500,000€
Type of acquisition: asset deal.
Upon purchase, 20% VAT is added to the purchase amount (returned to the buyer).
In agreement with the owner, it is possible to transfer VAT at the Austrian tax office.
Purchase expenses:
3% of the cost + 20% VAT - agency fee
3.5% of the cost - tax on the purchase of real estate;
1.1% of the cost is the fee for entering into the cadastral register;
Expenses for drafting the contract of salesales, expenses for due diligence.