One Bed Property on Offer in Schwerin (Germany)

€382,375 | £351,307 | US$560,944
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A one bed property available for sale in Schwerin (Germany). The asking price for this re-sale property is EUR 382,375. The built size is 355m². If you require further info regarding this property why not fill in the more info form to the right.


Ref	531658
Town	Schwerin
Region	Brandenburg
Type	Other
Bedrooms	1
Build Size	355
Category	Re-Sale
Listed	470 days ago

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Other Description

BARGAIN PRICE - TENANTED APARTMENT HOUSE - NORTH GERMANY

This reconstructed apartment house has seven residential units over four floors within 1km of the famous Schwerin Castle. The attractive facade houses apartments ranging in size from 36 - 89 m2 with a total residential floor area of 355m2. The apartments are all tenanted producing a net annual rental income exceeding 23500 euros which delivers an attractive yield of 6.2%. In addition the property is available at the bargain price of only 1077 euros per m2.

Schwerin is a city in northern Germany and the capital of the state Mecklenburg-Vorpommern. The population as of mid-2006 was 96,542. The city is situated 210km north-west of Berlin and 110km east of Hamburg. Schwerin is surrounded by many picturesque lakes. The largest of these lakes, the Schweriner See, has an area of 60 km2. The landmark of the city is the Schwerin Castle, located on an island in the lake of the same name (Schweriner See). It was for centuries the residence of the Dukes of Mecklenburg and today is the seat of the Landtag (state parliament).

This superb apartment house is an excellent investment package..........

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