Commercial real estate in Germany. We offer a complex of buildings in the capital Magdeburg.
Real estate with potential.
Object code is 9048
Type - Housing and commercial
Price - 995,000 €
Price per sq.m. - € 546
The area of the plot is 2400 m2
Usable area - 1821 m2
Commercial / residential units - 14
Object status - Partially leased
The annual income is € 168,200
Yield - 16.91 %
Registration services - 71.043 €
Legal costs - 11841 €
Real estate purchase tax - € 59,700
State duty (entry in the register) - 200 €
The cost, including additional costs, is € 1,137,784
* 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.
Real estate with potential
We offer a complex of buildings in the capital Magdeburg
The proposed two facilities are located in the large and popular city of Magdeburg - the capital of the federal state of Saxony-Anhalt.
The two buildings are located on their own plot of land with an area of 2,400 m2, which is also already included in the price stated by the seller.
The area in which these facilities are located is very popular because of its numerous parks.
In the immediate vicinity of the facilities is a school, kindergarten, banks, pharmacies, branches of several major German retail chains and other necessary infrastructure for life.
Apartment three-storey house living area approx. 780 м² divided into 13 apartments, with an area from 34 m2 to 102 m2 each.
On the ground floor there is a hairdresser's and a warehouse.
They belong to the house four parking spaces for cars of the owner or tenants.
Renting parking spaces in a big city can bring additional income.
The house is a state-protected architectural monument, so it is possible to receive grants and subsidies from the fund for the restoration and maintenance of architectural monuments, as well as tax benefits for the restoration or repair of the object, if necessary.
Two-storey retail space with an area of 1,002 м² previously used as a showroom and was divided into an exhibition hall, two bathrooms, a kitchen, two offices, a four-room apartment (104 m2), as well as warehouses and three garages with a total area of 454 m2.
Water, sewerage, electricity and telephone services are available and connected.
At the moment, according to the seller, the object is partially leased and brings approx. € 70,000 per year.
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 in more than 160,000 euros in annual income.
Our company is ready to provide all the necessary services for negotiations 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 Berlin: 140 km (approx. 1 hour 15 minutes by car)
Distance to int. Hanover Airport: 145 km (approx. 1 hour 20 minutes by car)
Distance to Dresden: 230 km (approx. 2 hours 20 minutes by car)
Magdeburg is the capital of the fastest growing federal state of Saxony-Anhalt with highly developed industry and agriculture.
42.4% of the economically active population is employed in industry and handicrafts, 19.0% in agriculture and forestry.
An important junction of railways and highways, the river port on the river Elbe, near the intersection of the Middle German Canal and the Elbe-Havel canal.
One of the largest industrial and trade and transport hubs in the country. Large center of heavy engineering (Magdeburg plant of heavy engineering named after Ernst Telman, plants named after K. Liebknecht, named after G. Dimitrov and others).
Magdeburg presents general mechanical engineering, production of equipment for the chemical, light, food industries, agricultural machinery, instrument making, and river shipbuilding (in the suburbs of Rothensee). There is a chemical, food (sugar, meat) industry.
In addition, Magdeburg is an important cultural center, there are medical academies, higher schools of heavy engineering, special schools of applied arts, water management.
The city is located at the intersection of two motorways A2 (Berlin-Dusseldorf) and A14 (Czech Republic - Baltic Sea).