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German House - Villa Available To Buy by Property Showrooms

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House/Villa Description

We have available a modern, commercial building in Magdeburg, Saxony-Anhalt. The property was built in 1998 on a plot size 4539m2.



The building has seventeen units comprising twelve offices (663m2); four storage units (875m2) and a restaurant (125m2 + 120m2 terrace).



The total floor area of 1049m2 + 875m2 storage delivers an annual rental income of 56,115 euros - an actual yield of 10.5%!.



Magdeburg is a major city centrally located in Saxony Anhalt. The area is steeped in history from the year 1200 with the first Gothic cathedral in Germany as well as links to Martin Luther.



The city is now a major university centre for more than 18,000 students. Magdeburg is situated on the River Elbe and its 230,000 inhabitants enjoy the cultural and historical links combined with a modern and dynamic city centre.



A very attractive investment package..........






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Approximate price of this 0-Bed
€534,750 EUR | 
£427,960 GBP | 
US$670,897 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 846304 
Town Magdeburg 
Province Saxony-anhalt 
Country Germany  
Type House/Villa
Category Re-Sale  
Listed over 1 year ago
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Map of Magdeburg, Saxony-Anhalt, Germany



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Price: €534,750
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Purchase this House/Villa in Magdeburg for

€1,076p/m

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

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

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