The building is purchased as a single property, with existing apartments and paying tenants.
  • Buying the whole building enables the investors to cut significantly the costs of brokerage, purchasing taxes, legal fees, and other related costs, saving up to 15% of market price.
  • The bulk purchase of the building ensures low cost per sq/m compared with buying an apartment independently.
  • Investors are allocated specific apartments and  shares  in the partnership according to the proportion of their investment.
  • Shortly after the acquisition of the property, investors begin receiving rent.
  • The apartments are registered in the German Land Registry under the name of the investors, and the partnership is dissolved.
  • The apartment’s net rent is calculated after the deduction of heat, municipal taxes, water and insurance fees. The management company will deduct an additional 30EUR per month.
  • It is possible to receive a 50% mortgage pending approval by German banks of the investor’s economic stability.

Inspiration Group