Rental house in Germany. We offer real estate a few kilometers from the borders with the Czech Republic and Poland.
Profitable for reconstruction
Object code is 9705
Type - Apartment house
Price - 40,000 €
Price per sq.m. - 64 €
Year of construction - 1880
Year of modernization - 1989
The plot area is 308 m2
Usable area - 625 m2
Number of rooms - 27
Commercial / residential units - 12
Object status - Free
The annual income is € 80,250
Yield - 200.63 %
Registration services * - 3.927 €
Court costs * - 476 €
Property purchase tax * - 2400 €
State duty (entry in the register) * - 200 €
Price including additional costs * - 47.003 €
* 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.
Profitable for reconstruction.
We offer real estate a few kilometers from the borders with the Czech Republic and Poland.
Urgent forced sale!
The proposed facility is located in the center of Görlitz, Saxony, just a few kilometers from the borders with the Czech Republic and Poland.
Thanks to the well-preserved old town, Görlitz often becomes a backdrop for German and international films, which earned him the nickname "Görliwood". Hollywood films such as Around the World in 80 Days, Inglourious Basterds, Erudition, and the Grand Budapest Hotel were shot in and around Görlitz.
Those who want to buy real estate here, open small hotels or cafes can count on success.
Thanks to the efforts of the defenders of architectural monuments, it was possible to convince the city authorities of the need to restore the historic part of the city.
In the immediate vicinity of the facility is a school, kindergarten, banks and branches of several major German retail chains and other necessary infrastructure.
The object is located on its own land with a total area of approx. 310 m2, which is already included in the cost of the object.
Four-storey house with a total usable area of approx. 625 m2 is divided into:
• ground floor approx. 145 m2 of living space (2-3 apartments)
• second floor approx. 165 m2 of living space (2-4 apartments)
• third floor approx. 165 m2 (2-4 apartments)
On the attic floor approx. 60 m2 of premises can be converted into a separate apartment.
Previously, one of the rooms on the ground floor was used as a commercial, but was later converted into an apartment.
The house also has spacious basements for technical needs and for storage of belongings of the owner or tenants.
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.
At the moment, due to the lack of an adequate owner, the property is empty, the lease of the object requires repair and bringing to a condition suitable for operation.
The amount of repair depends on the requirements and 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 rental cost in the region, after repairs, with proper management and full rental, this property can bring in more than 80,000 euros of annual income.
The object is currently in external bankruptcy management due to the absence of the owner and will be sold directly by creditors through the court to a new investor.
The object is offered by creditors 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 int. Dresden airport: 110 km (approx. 1 hour 10 minutes by car)
Distance to Prague (Czech Republic): 160 km (approx. 2 hours by car)
Distance to Wroclaw (Poland): 170 km (approx. 2 hours by car)
Görlitz is known for its interesting history, the intertwining of ancient streets and architecture that managed to avoid destruction during World War II. The city has more than four thousand historic buildings, which makes it very interesting for tourists. The architecture is Renaissance, and Görlitz's charm was noted by Hollywood filmmakers. Several pictures were shot here, in particular scenes for the films "Inglourious Basterds", "Grand Hotel Budapest" and "Reader".
The city is divided into two parts, which belong to different countries. It is located right on the border and after the war it so happened that the division of the countries took place on the river Neisse, dividing the city into two: the Polish part was called Zgorzelec and the German part was left with the original name - Gerlitz.
The history of the city goes back to the era of the Roman Empire: during excavations found ancient Roman coins. Then Germanic tribes settled here, but after the great migration of peoples in their place came the Slavs. The name of the city comes from the Slavic "burn".
The first mention of the city appeared in documents from 1071. Until the 15th century, the city was divided between the Czechs and the Poles, but only under the Hungarian king from the 15th to the middle of the 16th century did Görlitz reach its peak. During this time, many buildings were built in the city, including the Gothic and Renaissance styles.
From 1618, during the Thirty Years' War, the Swedes marched well through Görlitz, severely destroying the city. And in 1816 the city was included in the Prussian province of Silesia, which was the beginning of another rise for Goerlitz. In the middle of the century, a railway appeared here, which contributed to the even faster development of the city. Most of the old buildings that have survived in the city to this day are buildings from the heyday of Goerlitz in the mid-nineteenth century.
In the middle of the XX century the city was divided into two parts and lived a new life, which we have found now. And this life is very unusual. In the past, when countries were in even one bloc, the border area was strictly controlled. Not everyone was allowed to live in houses overlooking the river, but only proven people. And now, during the Schengen agreement, the border here is very conditional.