Apartment house in city Magdeburg
2553.00 sq.m.

€ 169 000

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there are two apartment buildings near Wolfsburg - the auto capital of Germany

Sron forced sale!

Reduced price!

property Description:

Proposed two apartment buildings with 16 two and three bedroom apartments located in a well maintained suburb of Wolfsburg.

the Facility is located on a private land area of 3.826 m2, which is also on sale and is already included in the price.

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

also there are four major car.

Floors - laminate, carpet, linoleum and tile. The Windows are plastic double-glazed Windows.

heating is Central gas.

According to the seller, at the moment the object is partially occupied by long term tenants.

based On the average cost of renting in the area, with proper management with the full leasing of this property can bring about 80,000 Euro annual income.

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 it. Hannover airport: 100 km (1 hour by car)

Distance to Berlin: 190 km (2 hours by car)


Wolfsburg - district town in Germany, in lower Saxony.

Wolfsburg is located South of the old bed of the river Aller at the mittellandkanal.

the territory of the city extends southward to the elevated plains Vostochnoevropeiskoi lowland in the North to Forfelder Bremen, West to marshland Barnbrook, and in the East to the national Park Gramling.

the city is the headquarters of the Volkswagen group.

Wolfsburg together with the cities of Brunswick and Salzgitter forms one of the nine centers of high-level state of lower Saxony.

in addition, the city is part of the Metropolitan area Hannover-Braunschweig-göttingen-Wolfsburg.

Wolfsburg is the sixth largest in lower Saxony according to population after Hanover, Braunschweig, osnabrück, Oldenburg and göttingen.

the Nearest major cities are Braunschweig 26 kilometers South-West of Magdeburg in 64 kilometers to the South-East and Hannover and 74 miles to the West.

the population exceeded in 2012 to 180,000 people, which makes Wolfsburg is one of the largest and most prosperous cities of Germany.

Seller information

Seller type Agency
Company Stimul Consulting

Location of the property on the map

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