Apartments in Magdeburg.
One bedroom apartment in Magdeburg.
Price - 55,000 €
Price per sq.m. - 1310 €
Year of construction - 1889
Year of modernization - 2013
Useful area - 42 m2
Number of rooms - 1
Object status - Leased
The annual income is € 6,580
Yield - 11.97 %
Registration services - € 3,927
Legal costs - 655 €
Real estate purchase tax - 3300 €
State duty (entry in the register) - 200 €
The cost, including additional costs, is € 63,082
* Data on the cost of services are not final and may change in one direction or another depending on the regional tariffs of the municipality and the notary.
Well-kept one-bedroom apartment is located on the ground floor of a residential building with a separate entrance.
The facility is located in a quiet area in the northern part of the center of Magdeburg, where you can find all the necessary infrastructure for life.
Large shopping center is located 100 meters from the house, pharmacy, cinema, restaurants within walking distance.
A public transport stop is 30 meters from the house.
Apartment with a living area of approx. 40 m2 is divided into:
• living room (approx. 18 m2)
• kitchen (approx. 11 m2)
• bathroom (approx. 9 m2)
The apartment was overhauled before the entry of a new (current) tenant in the summer of 2013.
New modern plastic windows with insulated glazing were installed, a built-in kitchen, new plumbing, doors, and electrical wiring were replaced.
Laminate flooring, tile.
The building has spacious basements for technical needs and for storage of tenants.
Since 2013, the apartment has been profitably leased for a long time and brings about 6,500 euros of annual income.
Land tax is only 75 euros per year.
Our company is ready to provide all the necessary services for negotiations with the seller-owner, competent legal registration and after-sales management of the object.
Distance to the railway station: 1.5 km (3 min by car)
Distance to int. Berlin airport: 146 km (1 hour 25 minutes by car)
Distance to int. Leipzig Airport: 114 km (1 hour 10 minutes by car)
Magdeburg is the capital of the fastest growing federal state of Saxony-Anhalt with highly developed industry and agriculture.
42.4% of the economically active population is employed in industry and handicrafts, 19.0% in agriculture and forestry.
An important junction of railways and highways, the river port on the river Elbe, near the intersection of the Middle German Canal and the Elbe-Havel canal.
One of the largest industrial and trade and transport hubs in the country. Large center of heavy engineering (Magdeburg plant of heavy engineering named after Ernst Telman, plants named after K. Liebknecht, named after G. Dimitrov and others).
Magdeburg presents general mechanical engineering, production of equipment for the chemical, light, food industries, agricultural machinery, instrument making, and river shipbuilding (in the suburbs of Rothensee). There is a chemical, food (sugar, meat) industry.
In addition, Magdeburg is an important cultural center, there are medical academies, higher schools of heavy engineering, special schools of applied arts, water management.
The city is located at the intersection of two motorways A2 (Berlin-Dusseldorf) and A14 (Czech Republic - Baltic Sea).
Berlin is 160 km away and Hanover International Airport is 150 km away.