House in Germany. We offer an apartment house in the center of Germany.
Type - Apartment house
Price - 60,000 €
Price per sq.m. - € 174
Year of construction - 1965
Year of modernization - 2002
The plot area is 2049 m2
Usable area - 344 m2
Number of rooms - 10
Commercial / residential units - 2
Object status - Free
The annual income is € 27,552
Yield - 45.92 %
Registration services - € 4,284
Court costs - 714 €
Real estate purchase tax - 3600 €
State duty (entry in the register) - 200 €
The cost, including additional costs, is € 68,798
* 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.
The property is located in Oschersleben, Saxony-Anhalt.
This city is located between the Harz Mountains and the capital Magdeburg.
• The object is located on its own land plot with an area of more than 2,000 m2, which is also for sale and is already included in the price stated by the seller.
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 living area of the proposed house is approx. 300 m2 and is divided into 5 apartments:
• first floor - approx. 60 m² and 80 m²
• second floor - approx. 40 m², 50 m² and 65 m²
At the request of the new owner, the living space can be increased by re-equipping the attic space.
In 2002, the facility was partially renovated, replacing windows and doors, plumbing, and flooring.
The house has basements for technical needs and storage of belongings of the owner or tenants.
In addition, there is an outbuilding on the site.
Water, sewerage, electricity, internet and telephone services are available.
At the moment, due to the lack of an adequate owner, the property is empty, the lease of the object requires repair.
The amount of repair depends on the requirements and creative 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.
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 after repairs and leases, this property can bring the new owner more than 27,500 euros of annual income.
The facility is currently under external competitive management and will be sold directly by the bank through the 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 Wernigerode: 35 km (approx. 40 min by car)
Distance to Magdeburg: 40 km (approx. 35 min by car)
Distance to int. Hanover Airport: 145 km (approx. 1 hour 40 minutes by car)
Distance to int. Berlin Tegel airport: 190 km (approx. 2 hours by car)
Halberstadt, like many ancient German cities, has an eventful history, reflected in numerous monuments and attractions.
The city surrounds the Spiegelsberge landscape park.
Halberstadt is located 25 km from the Harz Nature Reserve and Ski Resort, with its well-developed infrastructure and equipped tourist centers.
Halberstadt is known as a specialist in the production of sausages, in particular sausages.
The city also has developed mechanical engineering, production of plastic products and furniture.
The A2 motorway exit is 20 km away.