House in Germany. Profitable apartment building in the suburbs of industrial Zwickau.
Code - 9556
Price per sq.m. - 145 €
Year of construction - 1888
Year of modernization - 2009
The plot area is 320 m2
Usable area - 345 m2
Commercial / residential units - 5
Object status - Partially leased
The annual income is € 22,350
Yield - 44.7 %
Registration services - € 3,927
Court costs - 595 €
Real estate purchase tax - 3000 €
State duty (entry in the register) - 200 €
The cost, including additional costs, is € 57,722
* 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.
Promising house for 5 apartments
Profitable apartment building in the suburbs of industrial Zwickau
For sale is an apartment house with a living area of approx. 265 m2 located on its own plot of land approx. 320 m2, which is also for sale and is already included in the price stated by the seller.
The property is located in Verdau, a suburb of Zwickau, Saxony.
In the immediate vicinity there is a school, a kindergarten, branches of several large German retail chains and other necessary infrastructure for life.
The house has 5 apartments of modern layout approx. 36 m² - 52 m² and 90 m².
Flooring - laminate, linoleum, tile.
The walls in the bathrooms are tiled, all the necessary plumbing is installed.
Each apartment has a separate basement for storage of belongings of the owner or tenant with an area of approx. 5 m².
In addition, the house has a spacious common basement for technical needs and storage, laundry, drying laundry.
Water, sewerage, electricity and telephone services are available.
Near the house there are enough parking spaces for cars.
According to the seller, at the moment 3 apartments are long-term lease.
The new owner can dispose of the property at his own discretion - to live in it, manage the property himself, rent it out or find a responsible manager.
Based on the average rental cost in the region, with proper management and full rental, this property can bring about 25,000 euros of annual income.
Distance to Leipzig: 75 km (approx. 40 min by car)
Distance to Jena: 75 km (approx. 40 min by car)
Distance to Dresden: 105 km (approx. 1 hour by car)
Zwickau is a city in eastern Germany, in the state of Saxony at the foot of the Ore Mountains. An exciting city with a special charisma. A mecca for history buffs, theaters, museums, and car fans.
The Volkswagen plant, located in the city, has been successfully developing and manufacturing vehicles for more than 100 years. The West Saxon Zwickau Institute became a supplier of highly qualified specialists.
The great composer and pianist Robert Schumann was born in this city. The conservatory, named after him, seeks to educate young musicians and preserve Schumann's legacy.
The city is well developed economically. Since 1991, more than 3,000 new enterprises have been established here.
The population of Zwickau is about 97 thousand people.
The good geographical location between the A4 and A72 motorways, as well as the B93 motorway, ensures optimal transport links with other major German cities.