Apartment in city Mannheim
48.00 sq.m.

€ 47 000

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WO-ZV-8545

offer bright one bedroom apartment in the city of Mannheim


Urgent forced sale!



property Description:


we offer for sale apartment located on the second floor of the four massive apartment buildings.


the House is a short walk to the picturesque banks of the river Rhine, one of the longest rivers in Europe.


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


the Object is a monument of architecture, which provides the owner of state support for renovation of the object.


two Bedroom apartment with an area of about 42 m2 divided into:


the

    the
  • living room with balcony (22 m2 approx.)

  • the
  • bedroom (CA. 6m2) 

  • the
  • kitchen (approx. 5 m2)

  • the
  • bathroom with toilet (4 m2 approx.)

  • the corridor (4 m2 approx.) 
    the

  • storage room (approx. 1 m2)


In the possession of the owner or tenant of the apartment is also a separate basement storage area of approx. 6 m2.


In the house there are spacious basement for technical needs and for storage of tenants.


decorating the Glass part of the facade create the effect of additional light and space in the front.


Windows - wooden double-glazed Windows, shutters are installed. Heating - gas.


Residential fee is € 150 per month.


the apartment assigned the right of use Parking space for car in the underground Parking.



According to the seller the apartment is currently rented for long term rent and brings the owner about 3.500 Euro per year of income.


based On the average cost of rent in this district, with proper management when renting this property can bring more than 6,000 thousand euros of annual income.


renting a Parking space can bring an additional 300 euros of annual income.    



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


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 apartment.


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 between. Frankfurt airport: approx. 75 km ( approx. 40 min auto)


Distance between. Stuttgart airport: approx. 140 km ( approx. 1 hour and 20 minutes by car)


the distance to the border of France: approx. 70 km ( approx. 40 minutes by car)



Description:


Mannheim located on the North-West Federal state of Baden-württemberg, on the border with the land Rhineland-Palatinate and Hesse.


the city is the center of the region "Rhein-Neckar" at the confluence of the rivers Neckar and Rhine.


Mannheim is an important transport hub in Europe, partly due to its location roughly halfway between Stuttgart and Frankfurt am main.


In 1905 in Mannheim there were more than 160 thousand inhabitants, by 1961 the number of inhabitants has doubled.


In 1970, was registered the highest level of population for all history of existence of the city – 333 million inhabitants.


international airport of Frankfurt am main - approx. 75 km.


6 km. from the city are the motorways: A 656 and A 6.

Seller information

Seller type Agency
Company Stimul Consulting

Location of the property on the map

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