Apartment in Germany.
Apartment in Leipzig.
Profitable three in Leipzig.
Object code is 9720
Type - Apartment
Price - 46,000 €
Price per sq.m. - 708 €
Year of construction - 1955
Year of modernization - 2006
Usable area - 65 m2
Number of rooms - 3
Commercial / residential units - 1
Object status - Free
The annual income is € 7,560
Yield - 16.44 %
Registration services * - 3.927 €
Court costs * - 548 €
Property purchase tax * - 2760 €
State duty (entry in the register) * - 200 €
Cost including additional costs * - 53.435 €
* 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 two-bedroom apartment with a balcony.
The apartment is located on the ground floor of an apartment building in Leipzig, Saxony, in eastern Germany.
In the immediate vicinity is a school, kindergarten, branches of several large German retail chains, banks, restaurants and cafes, other necessary infrastructure for life.
Distance to the central railway station approx. 4 km.
The house in which the proposed apartment is located is a state-protected architectural monument, so the owner has the opportunity to receive state subsidies and subsidies from the fund for restoration and maintenance of architectural monuments, as well as tax benefits for restoration or repair, if necessary.
Spacious and bright apartment with a living area of approx. 60 m2 divided into:
• living room
• children's room
• bathroom with toilet
Heating - central gas, batteries with thermostats.
The bathroom has the necessary plumbing.
The windows are fitted with double-glazed windows with insulating glazing.
Water, sewerage, electricity, telephone and internet services are available.
At the disposal of the owner or tenant of the apartment is a separate basement for storage of things approx. 5 m².
Currently, according to the seller, this property is empty.
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, when renting, this property can bring more than 7,500,000 euros of annual income.
Currently, the apartment is under external bankruptcy management and will be sold directly by the bank through the court to a new investor.
The object 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 experts, during the court auction the price may be further reduced by 10-15%, which further increases the investment attractiveness of this apartment.
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. Leipzig / Halle airport: 21 km (approx. 20 min by car)
Distance to int. Dresden Airport: 115 km (approx. 1 hour 15 minutes by car)
Distance to Berlin: 180 km (approx. 2 hours 30 minutes by car)
Leipzig is the largest city in the federal state of Saxony.
Due to the numerous fairs held in Leipzig every year, the city was given the unofficial name Messestadt (Fair City).
The sights of Leipzig, which for centuries have served as the impetus for economic and spiritual development in Europe, contribute to the creation of a special atmosphere in the city.
The architecture of the city center is dominated by lovingly restored shopping arcades, in the historic setting of which you can not only shop, but also visit the many lively restaurants and pubs open 24 hours a day.
The Museum of the History of the City is located in the Old Town Hall, one of the most beautiful buildings of the German Renaissance. The main hall of the town hall serves as a backdrop for concerts and celebrations. Of particular note are the meeting room of the city council, the layout of the city in 1823, prison cells and a portrait of Bach.
The University of Leipzig is the second oldest university in modern Germany after the University of Heidelberg.
The universities of Cologne, Erfurt and Würzburg, which were founded before Leipzig, were suspended for a while and then reopened.
The founding of the University of Leipzig in 1409 led to the development of jurisprudence and publishing. The Supreme Court appeared, and in 1912 the German Library was founded in the city.
As a major transport hub, Leipzig offers rail connections to various parts not only of Germany but also of the whole of Europe.
For example, ICE (Inter City Express) trains connect Leipzig with Halle (Saale), Magdeburg, Braunschweig, Hanover, Dortmund, Cologne, Frankfurt, Regensburg, Munich and Nuremberg. The night express takes passengers to Prague, Vienna, Zurich, Basel and Amsterdam.
The S-Bahn local and regional electric train runs on a clear schedule between the city center and the international airport, which is a 15-minute journey away.