Apartment house in Germany.
A well-kept apartment house in Magdeburg is offered.
Have time to buy!
Object code is 9043
Type - Apartment house
Price - 950,000 €
Price per sq.m. - 1293 €
Year of construction - 1950
Year of modernization - 2018
The plot area is 1140 m2
Usable area - 735 m2
Commercial / residential units - 9
Object status - Leased
The annual income is € 62,852
Yield - 6.62 %
Registration services - 67,830 €
Legal costs - 11305 €
Real estate purchase tax - € 57,000
State duty (entry in the register) - 200 €
The cost, including additional costs, is € 1,086,335
* 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.
Have time to buy!
A well-kept apartment house in Magdeburg is offered
The three-storey residential building is located in the large and popular city of Magdeburg, the capital of the federal state of Saxony-Anhalt.
The object was built in 1950 overhauled in 2018.
This property is located on its own land plot with an area of about 1,140 m2, which is already included in the cost of the object.
The area in which this facility is located is very popular because of its numerous parks and playgrounds.
In the immediate vicinity of the facility is a school, kindergarten, banks, pharmacies, branches of several large German retail chains and other necessary infrastructure for life.
It is important that the city is located Magdeburg University. Otto von Guericke. Many students look for apartments in the area every year.
Apartment house living area approx. 630 м² divided into 9 rooms:
- six three-room apartments each approx. 80m²
- three one-bedroom apartments each approx. 50m²
During the reconstruction the apartments were equipped with spacious balconies.
Heating - central gas.
Water, sewerage, electricity and telephone services are available and connected.
They belong to the house six parking spaces for cars.
There is also a quiet courtyard, which can be used only by residents of the house for barbecue or just relaxing.
Each of the apartments has a basement for storing personal belongings.
The size and layout of the apartments correspond to today's demand for housing in Germany and guarantee a constant and stable rental income.
At the moment the apartments are rented out and bring approx. € 57,000 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 € 60,000 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).