APARTMENT HOUSE IN SAXONY WITH 11% YIELD This attractive four storey apartment house is in Waldheim, Saxony on a plot of 750m2. The property comprises of seven residential apartments all of which are tenanted. The apartment house is completely modernized with a total floor area of approx 440 m2. The property is in excellent condition throughout. The annual net rental income exceeds 21,000 euros which delivers an excellent yield of 11% !! Waldheim is a market town in the district of Doebeln, Saxony located on the Zschopau River, 9 km south west of Doebeln and 28km north of Chemnitz. This picturesque area of rivers and valleys is noted for the diversity of its countryside, animal and plant life. This modernized, fully tenanted apartment house is available at a cost of only 436 euros per m2 !! The property price excludes commission at 7.14% including tax.
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