a
Print
version

1 436 500 €

Commercial apartment building in Magdeburg, Germany, 931 sq.m

Please use property search to find similar property or leave a request for Prian.info subscribers.

  • Commercial apartment building in Magdeburg, Germany, 931 sq.m - picture 1
1/1
  • Commercial apartment building in Magdeburg, Germany, 931 sq.m - picture 1
  • Property ID on Prian.info: 3548999
    Property ID on company's website: 203494
    Last update: 01.07.2022
    Number of views: 197

1 436 500 €

Commercial apartment building in Magdeburg, Germany, 931 sq.m

931 sq.m

  • Property ID on Prian.info: 3548999
    Property ID on company's website: 203494
    Last update: 01.07.2022
    Number of views: 197

Specifications

Sale price 1 436 500 €
Price per square meter 1 542.96 €
Floor area 931 sq.m
Address Germany, Magdeburg

Description

We offer you a rented apartment house in Magdeburg. Assistance in obtaining a Schengen visa during the coronavirus period on request!

The proposed residential building is located in Magdeburg, a city on the Elbe.
Magdeburg is the second greenest city in Germany and the capital of the state of Saxony-Anhalt.
With 238,697 inhabitants, it is the second largest city in Saxony-Anhalt after Halle (Saale) and the fifth largest city in the new federal states according to the State Statistical Office (as of December 31, 2020): Magdeburg ranked 32nd in the list of major cities in Germany in 2019.

Assessment of the real estate market in Magdeburg:
The real estate market in Magdeburg will develop very well in the near future. This is also due to INTEL's decision to build a gigafactory in Magdeburg (construction starts in 2023), which will positively stimulate the housing market.
Therefore, investments become very interesting.

Purchases and supplies

- Everything for everyday needs, such as various shopping facilities, kindergartens, schools and doctors are in the immediate vicinity.

- A large city park and proximity to the Elbe offer ample opportunities for recreation.

Connection

Outside:
You are well connected via nearby federal Roads 1 and 81 and Highways 2 and 14.

Within the city limits:
S-Bahn, tram (about 5 minutes on foot), 4 stops to Hasselbachplatz in the center of Magdeburg and about 15 minutes on foot to the Elbe.
For sale a fully rented residential house in the capital of the region Magdeburg.
The apartment building is located in the redevelopment zone.
The property was built in 1910 with five floors and fifteen residential units.

The building was completely renovated in 1995.
The left side wing was completely rebuilt.
The house has its own satellite system, to which 13 apartments are connected.
In addition, the front facade was renovated in 2018, and the rear facade in 2019.

The roof was completely restored in 2021.

The plot area is 325 m2, and the house has a living area of about 931 m2.
In addition, the property offers a cellar and is in a well-maintained condition.

The heat is provided by the installed gas central heating system.
Hot water supply is provided in all residential premises by an electric running water heater.

If this property has aroused your interest, do not hesitate to arrange an optional meeting with me today.

With respect,
Your Klaus Vopel
- fully commissioned apartment building
- freshly covered roof
- recently renovated facades
- basement
- well-groomed general condition
Various
All data in this expos is based on information provided by the seller. The information about the property has been compiled with great care. We do not accept any responsibility for the correctness of the information about the seller, supplier and offer. Errors are reserved.

Unfortunately, requests without a phone number and address cannot be answered.

Do you want to sell your property?

Just call 0176-24638918 or 0391-60746372
Your personal contact person: Klaus Vopel
ImmoFairKauf GmbH

Keywords
State: Saxony-Anhalt, modernized
Guest toilet
Type of house
Solid House
Energy source
Gas
Type of heating
Central heating
Total return: above 12% per year
Payback period: about 8 years
The cost of the management company: 24 euros for each apartment per month
Potential to increase profitability: + 5 %
If you are interested in this and other objects offered for review by us, you can leave us a request. The staff of CM REAL ESTATE will contact you in the near future and will provide you with the objects and all the information relevant to your request.
All additional information on off market objects is available on request.