Bank Repossession - Block of 11 Apartments. 10 minutes from the city centre, this block has 11 apartments, 2 of which are vacant. Repossessed by a bank, so they have not been active in looking for new tenants. Purchase price of €420,000, as it stands giving a net yield of 6.2%. When fully rented this would give a net yield of 9.0%.
Built in 1910 / Renovated in 1999 - Good residential area
In good condition, no renovation work required other than possibly some cosmetic painting