House in Germany. We offer a luxury apartment building in Magdeburg - the capital of the federal state of Saxony-Anhalt.
Take and earn.
Object code is 9044
Type - Apartment house
Price - 832,000 €
Price per sq.m. - 1124 €
Year of construction - 1929
Year of modernization - 2018
The plot area is 1214 m2
Usable area - 740 m2
Commercial / residential units - 9
Object status - Leased
The annual income is € 60,844
Yield - 7.32 %
Registration services - € 59,404.8
Legal costs - 9901 €
Property purchase tax - € 49,920
State duty (entry in the register) - 200 €
The cost, including additional costs, is € 951,425.8
* 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.
Take and earn
We offer a luxury apartment building in Magdeburg - the capital of the federal state of Saxony-Anhalt.
The offered four-storey residential building is located in the large and popular city of Magdeburg - the capital of the federal state of Saxony-Anhalt.
This facility is located in a fast-growing area of the city.
The house, built in 1929, was overhauled in 2018.
During the reconstruction, the floors in the apartments were replaced, new plumbing was installed, and new tiles were installed in the kitchens.
This property is located on its own land plot with an area of about 1,214 m2, which is already included in the cost of the object.
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.
Due to the fact that the city is located Magdeburg University. Otto von Guericke, a large number of applicants annually look for apartments in the area. One of the advantages of living and studying in Magdeburg is the simple and favorable price level.
Apartment house, living area approx. 617 m2, divided into eight apartments.
There is a heated outbuilding on the territory, which, if desired by the new owner, can be used as a living space.
Heating - central gas.
Insulated plastic double-glazed windows are installed in the windows.
Water, sewerage, electricity, internet and telephone services are available and connected.
They belong to the house thirteen parking spaces for cars of the owner or tenants.
At the moment the apartments are rented out and bring approx. € 58,000 per year.
Renting parking spaces in a large city can bring additional income.
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: 110 km (approx. 1 hour by car)
Distance to int. Berlin Airport: 150 km (approx. 1 hour 20 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).