Commercial apartment building in Magdeburg, Germany, 3 125 sq.m

Profitable house in Magdeburg, Germany. Area 3125 m2, price 4.950.000 €

Additional services: Online display, remote transaction, there is a management company, a loan is possible.

Stable income: 4.1% per annum rental income + 15% per annum increase in property prices in Magdeburg.

Central location, excellent condition of the house, high demand for rent - an increasing investment guaranteed.

We offer for purchase an apartment building:

total area: 3125 m2

commercial area: 2463 m2, 17 offices and shops

apartments: 662 m2, 11 comfortable apartments

land area: 1059 m2, 31 parking spaces

rental income: 201.000 € per year. Fully leased.

profitability of the house: 4.1% per annum from rent + growth in real estate prices in Magdeburg 15% per annum.

year of construction of the house: 1995, the best technologies and equipment were used during the construction: elevator, central heating, excellent thermal insulation, high-quality finishes.

Magdeburg is an important inland port, industrial and commercial center of eastern Germany. Mechanical engineering and processing industry, logistics and production of chemical products, ferrous metallurgy products, paper and textiles are of economic importance. Magdeburg attracts specialists from all over the country in the fields of engineering, food industry, and environmental equipment. The income level of the population is high and stable.

The population of Magdeburg is 235.000 people. The city is growing, real estate prices are still reasonable and have significant growth prospects.

Buying profitable real estate in Magdeburg is the right investment step. The greatest income of the investor will be visible in 10 years: the price of real estate will increase significantly (economists say that the growth will be more than 150%) and when selling after 10 years, the owner will be exempt from income tax.

When buying a property, our company will help you:

• see the property (at the time appointed by you, we will show you the property via,

• by power of attorney from you, we will buy a property for you

• if necessary, we will register a company for you, for which we will register the property

• if necessary, we will help you get a loan for the purchase of real estate

• after the purchase, we will maintain the profitability of the object: monitor the technical condition, timely receipt of rent, payment of utility bills

We will be glad to answer your questions.

+420 776376516

Victoria Kostebelova