Rental house in Germany. Rental house with commercial space.
Object code is 9644
Type - Housing and commercial
Price - 97,000 €
Price per sq.m. - € 206
Year of construction - 1925
Year of modernization - 2000
The plot area is 220 m2
Usable area - 470 m2
Commercial / residential units - 1
Object status - Free
The annual income is € 32,088
Yield - 33.09 %
Registration services * - € 6,925.8
Court costs * - 1155 €
Property purchase tax * - 5820 €
State duty (entry in the register) * - 200 €
The cost, including additional costs * - 111,100.8 €
* 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.
We offer a profitable object in the east of Germany, near the Czech border.
Urgent forced sale!
The offered apartment house is located in the beautiful Saxon town of Plauen, close to Zwickau and Chemnitz.
Karlovy Vary can be reached by car in just over an hour.
The five-storey building has a living area of approx. 380 m2 includes four apartments and commercial premises:
- first floor: room approx. 65 m2;
- second-fourth floors: one apartment on each floor approx. 90m² each;
- attic floor: apartment approx. 50m²
Apartments from the second to the fourth floors are equipped with balconies.
Commercial space can be used as a shop, office or medical practice.
During its existence, the house has undergone regular repairs and necessary upgrades.
So, according to the seller, in 2000 the windows and facade, heating system, plumbing, flooring were renovated, the attic floor was converted into a living space.
In the immediate vicinity of the facility is a school, kindergarten, branches of several major German retail chains and other necessary infrastructure for life.
The house has a common basement to store the personal belongings of the tenants.
Water, sewerage, electricity, internet and telephone services are available.
There are parking spaces near the house.
According to the seller, the facility is currently empty.
The new owner can dispose of the property at his own discretion - to live in it, manage the property himself, continue to rent it out or find a responsible manager.
Based on the average rental cost in the region, with proper management and rental, this property can bring in more than 32,000 euros of annual income.
The facility is currently under external tender management and will be sold in court to a new investor.
It is offered by the bank 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, during the court bidding the price may be further reduced by 10-15%, which further increases the investment attractiveness of this object.
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 the border with the Czech Republic: 35 km (approx. 25 min by car)
Distance to Dresden: 150 km (approx. 1.5 hours by car)
Distance to Leipzig: 150 km (approx. 1.5 hours by car)
Plauen, a large German city on the river Weiss-Elster, is a regional center in southwestern Saxony.
The population is over 80,000 inhabitants.
Plauen was first mentioned in 1122. In the 16th century, the population began to produce lace, which led to the rapid development of the city.
"Plauenskoe" lace became world famous in 1900.
The city became the center of the textile industry in the Vogtland region.
Mechanical engineering, brewing and the sugar industry are also developed here.
During the war, the city was badly damaged, but after a complete restoration, it still attracts tourists with its attractions, such as the famous bridge - the second largest brick bridge in the world.
Renaissance Town Hall, Church of St. John - everything draws to this ancient city.
The border with the Czech Republic is only 20 km away, and the world-famous health resort of Karlovy Vary is 65 km away.
Plauen is located on the A72 motorway, 30 km from the A9 motorway connecting Munich and Berlin.