Property Investor Abroad

Property Investor Abroad
Apartment - For Sale - Saxony, Germany
Enquire On This Property
  €420,000
   
 
Saxony, Germany

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

Plot size 1010 sqm

Living Areas of 700 sqm

There are also two parking spaces.

Enquire about this property

* Your Name :
* Your Country :
* Email :
* Confirm Email :
Telephone :
I will require a mortgage.
I will be disposing of a property.
* I have read and accept the privacy statement.
  * Enter security code   
   



Exchange rates 1 € = 1.49824 $ 1 € = 0.90959 £
To enquire about this property click here  -  More Properties

 

 

Your request is being processed, please wait...