Cut-price Apartment in Sebnitz > Freistaat Sachsen > Germany
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Apartment/Flat Description
We have on offer a tenanted apartment block in Sebnitz, Saxony. It consists of 5 residential units divided over three floors. The total area measures 295,40 m and the plot size is 1180m. The property was modernized in 1990-1993 and the apartments have central heating and a garden at their proposal.
All but one of the apartments are tenanted. The projected rental income at this time is 12.363 euros which would deliver a terrific yield of 16%. (The existing income is 9636 euros with a yield of 12.5%.)
Sebnitz is a pretty market town in a national park area in Saxony. The attractive, historical town has approx 9000 residents and is located 40km east of Dresden and approx 240km south of Berlin.
The area known as Saxon-Switzerland is typified by craggy hills, castles, woods and rivers very popular with tourists seeking outdoor pursuits.The area is famous for its sandstone which provided the material for a number of attractive buildings in Dresden as well as the famous Brandenburg Gate in Berlin.
In other words, another great investment opportunity!
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Approximate price of this 0-Bed Apartment
€77,050 EUR |
£61,663 GBP |
US$96,667 USD |
(Currency and Foreign Exchange services supplied by )
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| Type |
Apartment |
| Category |
Re-Sale |
| Listed |
over 1 year ago |
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Innovative investment strategies offering 25% annualized returns regardless of market conditions
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Map of Sebnitz, Freistaat Sachsen, Germany
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Price: €77,050
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