Apartment house in city Balingen
444.00 sq.m.

€ 32 600

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Proposed apartment building in the South of Germany

Forced sale!

property Description:

a three-story apartment house built in 1908 located in the southern part of Germany near the border with France and Switzerland.

the subject is their own land with an area of over 600 m2, which also already included in the price of the object.

it is Noteworthy that the house is located on a hill, so from all the Windows of the house offers scenic views of the city.

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

three-Storey house includes three bedroom apartment located one on each floor, with total living area of about 270 m2.

the Windows are wooden double-glazed Windows.

On the first and second floors available exit and to the covered sun porch and balcony.

the house has 2 fireplaces. In the winter cosy warm inglenook fireplace creates a unique atmosphere of comfort in the living room, also fireplace has a positive effect on human health.

In the basement are rooms for drying clothes, storage for bicycles and pushchairs, technical premises, and also premises for storage of tenants.

Available services of water supply, Sewerage, electricity and telephone connection.

At the moment, due to the lack of adequate owner, the property is vacant, for renting the building in need of repair.

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.

based On the average cost of rent after repairs annual income from lease payments may be about 25 thousand euros.

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 this property.

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. Stuttgart airport: 80 km (approx. 1 hour by car)

Distance to Switzerland: 82 km (approx. 1 hour by car)

Distance to France: 92 km (approx. 1 hour by car)

Distance to resort Baden-Baden: 85 km (approx. 1 hour by car)


Albstadt is a city in Germany, the regional center is located in Baden-Wurttemberg, 60 km from Stuttgart.

the Symbol of the city and its main attraction is the castle of Balingen, which is adjacent to the old quarter of tanners. From the point of view of history and architecture, the interest is the late Gothic city Evangelical Church dedicated to the virgin Mary. In addition, the fragments of the medieval city wall.

Seller information

Seller type Agency
Company Stimul Consulting

Location of the property on the map

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