Apartment house in city Baden-Baden
1060.00 sq.m.

€ 544 000

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MFH-ZV-8867

Offers a profitable apartment house in Baden-Baden


Urgent forced sale!



property Description:


the Apartment building is located in the heart of Baden-Baden, Federal land of Baden-württemberg.


Located near the Black forest in southern Germany, Baden-Baden attracts those people who are eager to experience the famous salt-and radon hot springs. The city became popular in such ancient times that it is already beginning to feel his age. However, there is no cause for concern. It is a picturesque and well-kept city that supports a high level. For those who love sports, there is available a variety of activities: from Golf and tennis to horseback riding and skiing.


This resort town with a unique landscape all year round is visited by many tourists.


This property is protected by the state monument of architecture, so the owner has the ability to obtain grants and subsidies from the Fund for the restoration and maintenance of monuments, as well as tax benefits for the restoration or repair of the object, if necessary.


In the vicinity of the house there is a school, kindergarten, playgrounds, shops, banks, pharmacy, restaurants, casinos and other necessary infrastructure for life.


During its existence, the property had been constantly repaired and needed upgrades.



the four massive the house has a living area of approx. 490 m2 there are 8 apartments:


the

    the
  • on ground floor living area - 150 m2 approx.

  • the
  • on the second floor living area - 150 m2 approx.

  • the
  • on the third floor living area - 150 m2 approx.

  • the
  • on the fourth floor living area - 40 m2 approx.


the




Central heating. Floor covering - linoleum, parquet, tiles.


In the Windows - wooden double-glazed Windows.


Available services of water, Sewerage, electricity, Internet and telephone.


In the basement are rooms for drying clothes, storing bicycles and prams, technical premises.


Each apartment has its own spacious basement.


In the courtyard of the house there is a garage.


On the roof of the house is a spacious terrace.



Based on the available information, the proposed facility requires a repair.


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


in addition, we can arrange the repair works.


On the basis of the average cost of renting in the area, with proper management and full lease, this property can bring more than 85.000 Euro in annual revenue.


the New owner can dispose of property at its sole discretion -to live in it himself, to manage the estate, to lease it or to find the responsible administrator.


renting a garage may additionally bring about € 1,200 in annual income. 



currently, the property is situated in the external competitive management and will be sold to a new investor directly by the Bank through the courts.


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.



Distance from Strasbourg (France): 60 km (approx. 30 minutes by car)


Distance to Stuttgart: 107 km ( approx. 1 hour by car)


the Distance to Frankfurt am main: 175 km (approx. 1 hour 30 min by car)



Description:


Baden-Baden - known European resort. The healing properties of the local hot springs were already appreciated by the ancient Romans. Here are still preserved the ruins of Roman baths. In the history of Russia Baden-Baden is the main resort.


Fashion relax on the waters originated here. Wellness and cultural pilgrimage of the Russian aristocracy German balneological marked the beginning of the marriage in the eighteenth century between the heir to the Russian crown Alexander Pavlovich and Baden Princess Louise - the future of the Empress Elizaveta Alekseevna.


since that time, representatives of Russian aristocratic families - Gagarin, Volkonsky,


Vyazemsky Menshikova and Trubetskoy - visit it in the holiday seasons.


In the nineteenth century the local waters and the climate was destined to play a special role in Russian literature: Gogol, Tolstoy, Fyodor


Dostoevsky and Ivan Turgenev often came here during the period of his finest works.


In 1852 g. in Baden-Baden died (and was temporarily buried), Vasily Zhukovsky, in 1878 -


Prince Pyotr Andreyevich Vyazemsky. Been here Anton Chekhov. In 1882 was built Transfiguration Church.


the Great glory of Baden-Baden in the XX century reached its full flowering. He is recognized as the summer capital of Europe where every guest becomes a spectator and participant of an exciting parade of the "rich and famous". Well maintained city parks and alleys leads to romantic walks, the grandeur of palaces, ancient buildings and luxury villas excites the imagination, brightness and variety of cultural events can be the envy of Paris and Vienna, the best hotels in the city are world famous.

Seller information

Seller type Agency
Company Stimul Consulting

Location of the property on the map

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