Investment real estate in Germany. Large plot with a warehouse in the center of Germany.
Object code is 9671
Type - Commercial
Price - 42,000 €
Price per sq.m. - 44 €
Year of construction - 1975
The plot area is 4647 m2
Usable area - 950 m2
Commercial / residential units - 1
Object status - Free
The annual income is € 34,200
Yield - 81.43 %
Registration services * - 3.927 €
Court costs * - 500 €
Property purchase tax * - 2520 €
State duty (entry in the register) * - 200 €
Price including additional costs * - 49,147 €
* 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.
Large plot with a warehouse in the center of Germany.
For sale is a property in the federal state of Saxony Anhalt in the immediate vicinity of the German central customs warehouse in Helmstedt. Almost all goods transported by road from Eastern Europe to the West are cleared through customs here.
On a plot of land with an area of more than 4,600 m2 there is a one-storey building with an area of approx. 950 m2.
Sewage, electricity and gas services are available.
According to the seller, this object has been empty for the last years.
After the renovation, this object can be used as a warehouse, especially given its convenient location: it is located 40 km from the capital of the federal state - Magdeburg; the exit of the A2 motorway is only 2 km away.
The amount of repair depends on the requirements and creative ideas of the new owner and can be calculated with the help of our company's specialists in a short time.
We can also arrange repairs.
Based on the average cost of rent in the region, with proper management and lease, this object can bring the owner more than 34,000 euros of annual income.
Currently, the property is under external bankruptcy management and will be sold directly by the creditor through the court to a new investor.
The object is offered at the residual value and will be transferred to the new owner absolutely without any debts.
According to the forecasts of our company's specialists, the price may be further reduced by 10-15% during court auctions, which further increases the investment attractiveness of this land plot.
Our company is ready to provide all the necessary services for negotiations with the court and with the seller-owner, competent legal registration and after-sales management of the object.
Including on registration of the possible residence permit.
Distance to Magdeburg: 45 km (approx. 40 min by car)
Distance to int. Hanover airport: 100 km (approx. 1 hour 10 minutes by car)
Distance to int. Leipzig Airport: 145 km (approx. 1 hour 45 minutes by car)
Distance to Dresden: 260 km (approx. 2 hours 30 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).