Apartment house in city Minden
1102.00 sq.m.

€ 48 000

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MFH-ZV-8319

Proposed apartment building near historic Minden


Urgent forced sale!



property Description:


the Proposed apartment building 1871 building located near the historic town of Minden in the Federal state of North Rhine-Westphalia. 


In the vicinity of the house you can find a school, kindergarten, branches of several major German retail chains and other vital infrastructure.


It is located on large private land plot of 1.382 m2, which is already included in the price.


the Building is a protected state monument of architecture that provides the owner tax benefits and state subsidies for the renovations.


includes:


the

    two bedroom two storey apartment with an area of 109 m2 and 90 m2

    two bedroom apartments with an area of 64 m2 each 

    one bedroom apartment with an area of 67 m2

    one bedroom apartment with an area of 78 m2


According to the seller, at the moment the property is vacant and in need of overhaul.


the Volume of repair depends on the requirements and creative ideas of the new owner and can be calculated with the help of specialists of our company in a short time.


We can also arrange repair works.


since the building is a monument of architecture, it is possible to get grants to restore the object state.


based On the average cost of rent after repairs annual income from lease payments may be about 52.500 euros.



the Object is currently in the external competitive management and will be sold directly by the Bank through court a new investor.


It's offered by the Bank on the residual value will be transferred to the new owner absolutely without any debts.


According to specialists of our company, during a court auction price may be further reduced by 10-15%, which further increases the investment attractiveness of the object.


Our company is ready to render all necessary services on negotiations with the court and with the seller-owner, competent legal registration and after sales management of the property.


including on registration of a possible residence permit.



the Distance to Dortmund: 159 km (1 hour 40 minutes by car)


Distance to it. Hannover airport: 65 miles (Ocala hours by car)




Description:


Minden is subject to administrative district Detmold. The population is 83 099 people.


Minden is a beautiful city that has much to offer both residents and visitors to the city. He is known


the warmth of its people, their openness and willingness to help visitors. The city has many interesting landmarks and popular attractions, well developed social infrastructure.


at Night the picturesque streets of downtown are full of lively bars and cafes, causing delight to people of all ages and making the city a vibrant tourist centre. With a wide selection of road, rail and bus routes in Germany easy reach of this thriving economic and cultural center.


the City is divided into 19 city districts. Minden can be called the city of three roads: paved narrow medieval streets and squares is a Road of fairy tales, here is the beautiful and unique timber-framed street, and a real decoration of the city, its pearl are  building  of the Weser Renaissance.


the city is the second longest water bridge in Europe, through which Srednegavansky the canal crosses the river Weser.


Minden is located at the intersection of highways A2 and A30.


Distance to international airport Hannover is located 80 km away.

Seller information

Seller type Agency
Company Stimul Consulting

Location of the property on the map

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