Luxury Apartment on Sale in Saxony-anhalt - Germany
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Apartment/Flat Description
This beautiful period building is particulary desirable with a potential yield of 6,1%!
The property dates back to 1908 and was modernized in 1999. It comprises of seven residential units, which are all tenanted, and a vacant commercial unit of 75m. The total floor area measures 612m, the plot size is 401m.
The current situation offers an annual rental income of 28.392, but with the commercial unit tenanted as well this could rise to 32.000! That means a yield of 6,1% (currently 5,4%)
Magdeburg is the capital city of the region Saxony-Anhalt and has approximately 230.000 inhabitants. This historic city is situated on the river Elbe and offers a wonderful picturesque scene of the Magdeburg Dom on the river side. This second largest city of the region lies between Berlin and Hannover.
A wonderful investment opportunity, so pick up the phone and reserve it, before its gone!
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Approximate price of this 0-Bed Apartment
€523,250 EUR |
£418,757 GBP |
US$656,469 USD |
(Currency and Foreign Exchange services supplied by  )
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| Type |
Apartment |
| Category |
Re-Sale |
| Listed |
over 6 months ago |
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Map of Magdeburg, Saxony-Anhalt, Germany
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Price: €523,250
Latest Property News in Germany
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