Apartment house in city Wittenberg
938.00 sq.m.

€ 94 000

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MFH-ZV-8351

Proposed apartment building on the border of two Federal States


Urgent forced sale!



property Description:


the Proposed apartment building 1925 building is located on a large a land area of 4.620 m2, plot is also for sale and is already included in the stated price.


the Property is situated on the border of the Federal state of Saxony-Anhalt and Brandenburg and less than 100 km from the capital of Germany - Berlin.


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


According to the seller, during its existence the house regularly subjected current repair and necessary upgrades.


multi-family house consists of:


the

    four-room apartment on the ground floor area of 165 m2 

    five-room apartment on the second floor with an area of approx. 167m2

    five-room apartment in the attic area of approx. 110 m2


the house also has a basement for technical needs and for storage.


Also on site there are two massive farm outbuildings, capital garage on two cars and a covered Parking space for four cars.


the garden also has a heated pool vada.



According to the seller, at the moment the object is not leased.


based On the average cost of renting in the area, with competent management in renting this property can bring about 35.000 Euro annual income.


Letting garages and prakovochnoe places to rent can also bring about 2,000 Euro dopolnitelno a year.



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


the Facility 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.



Distance to it. Leipzig airport: 106 km (1 hour 10 minutes by car)


Distance to Berlin: 90 km (50 minutes by car)



Description:


Wittenberg (Lutherstadt), district town in Germany in the Federal state of Saxony-Anhalt, on the Elbe river.


In the sixteenth century was a major center of cultural, scientific and political life in Germany, and also played a prominent role in the beginning of the reformation,


Wittmar was a place of activities of Martin Luther, Philipp Melanchthon and Lucas Cranach, as well as families known to medieval jurists Karpovich.


Local attractions Lutherhaus, Melanchthonhaus and castle Church, to the door where Martin Luther tacked his 95 theses in 1517, is listed as a world cultural heritage site by UNESCO.


was the center of the Duchy of Saxon-Wittenberg in the sixteenth century, Wittenberg was the residence of the elector of Saxony.


the City is located 100 km from Berlin, and 70 km from Leipzig.

Seller information

Seller type Agency
Company Stimul Consulting

Location of the property on the map

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