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Kuhlweinstr1 - 46 Bed Villa in Magdeburg

Home » German Property » For Sale » Germany » Sachsen-anhalt » Magdeburg » 46 Bed Villa

Property ID: 507948

Villa

Price : €768,900

$953,041 €768,900 £529,872

Key Features

  • - At Least 50% below market value
  • - 23 well presented apartments
  • - 95% let
  • - Yield to 9.19%
  • - 1398m2 of high quality real estate
  • - Priced at an extreme;y low 550m2

A Substantial and well maintained apartment block in Magdeburg Germany. 23 apartments a total of 1398m2 priced at 550 per m2 - at least 50% below market value! 8.72% yield at 95% let - 9.19% when fully let. 70% Mortgage available.

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Full Description

We are offering this seriously below market value apartment block to investors ready to take advantage of the current depressed global market conditions. 

This is a building of close to 1,400m2 comprising of 23 apartments offering a net yield of up to 9.19%.

Locally arranged finance is available (subjct to status) for up to 70% of the purchase price.

If you are interested in investing in the German property market at rock bottom prices, with compeitive mortgages then get in touch with us today.

 

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