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Property to Buy in Dobeln > Freistaat Sachsen > Germany

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APARTMENT HOUSE IN SAXONY WITH 11.4% YIELD !!

This superb investment opportunity comprises of five residential units (319m2) and one, ground floor commercial unit (189m2). This refurbished property is on a plot of 340m2. All of the apartments are tenanted and three have a balcony or terrace. The commercial unit trades as a chemist shop and has a long term tenancy.

Doebeln is a town in the State of Saxony located on the banks of the river Freiberger Mulde. The pretty market town has a population of almost 21,000 and is a popular tourist spot in the green rolling hills of Saxony. Doebeln is situated 230km south of Berlin; 50km west of Dresden and 45km north of Chemnitz.

This property delivers an annual rental income of 27,075 euros equivalent to a terrific yield of 11.4%. The property is being sold at an exceptional price of 470 euros per m2 !! What an opportunity !!

The purchase price excludes commission at 7.14% incl tax


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€238,000  |  £199,123  |  US$316,254
(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 503257 
Town Dobeln 
Province Freistaat Sachsen 
Country Germany  
Type Other
Build Size 508 
Category Re-Sale  
Listed over 1 year ago
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Price: €238,000
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Purchase this Other in Dobeln for

€479p/m

(60% LTV, 5% Interest Rate, 25 years)

(Subject to status. Information given for guidance purposes only.)

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