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Object code is 9735
Type - Apartment
Price - 11,000 €
Price per sq.m. - 145 €
Year of construction - 1887
Year of modernization - 1997
Usable area - 76 m2
Number of rooms - 3
Commercial / residential units - 1
Object status - Free
The annual income is € 5,964
Yield - 54.22 %
Registration services * - 3.927 €
Court costs * - 200 €
Property purchase tax * - 660 €
State duty (entry in the register) * - 200 €
Cost including additional costs * - 15.987 €
* 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.
Three in a historic mansion.
We offer a three-room apartment for a comfortable stay.
The apartment is located in a well-kept apartment building in the center of Greiz, Thuringia.
Initially, the object was a villa built in the "era of the Grunder", but was later converted into an apartment building.
Within walking distance there is a huge park, lake and luxurious castles.
The object in which this 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 of the object, if necessary.
In the immediate vicinity of the house you can find a school, kindergarten, branches of several large German retail chains and other necessary infrastructure for life.
Three-room apartment with an area of approx. 71 m2 is located on the ground floor and is divided into:
• living room
The windows are fitted with double-glazed windows with insulating glazing.
Heating - gas.
Flooring - carpet, tile.
The bathroom is equipped with the necessary plumbing, there is a built-in bath.
The apartment has a separate basement area of approx. 5 m² for storage of things of the owner or the tenant.
There is also a common room for storing bicycles.
The facility is located on a hill, so the windows offer a wonderful view of the city and the river.
At the moment, due to the lack of an adequate owner, the property is empty.
Based on the average rental cost in the region, with proper management and rental, the annual rental income can be around 9,000 euros.
The apartment is currently under external competitive 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 Airport: 120 km (approx. 1 hour by car)
Distance to Dresden: 130 km (approx. 1 hour by car)
Distance to int. Nuremberg Airport: 195 km (approx. 1.5 hours by car)
To the east of Thuringia, on the river Weise-Elster, is the city of Gera. Leipzig is 60 kilometers away. The cities of Gehru and Erfurt are 80 kilometers away.
In the urban area in its western part there is a forest.
Among the city's many attractions are: the theater building, dating from 1902, the town hall, built in 1576, Villa Schulenburg, built by architect Henri Van de Velde, the church of St. Salvator in the Baroque style, the market square, decorated with a fountain. 1973. Between 1897 and 1900, an English-style botanical garden was established in Gera. In 1974 it was merged with the museum.