Apartment house in Stuttgart

€ 440,000

Description

Located near the centre of the city,

2 bedroom and 2-bedroom apartment.

Currently commissioned as a student residence.

Rental income 40 000,00 Euro per year.

Garden, garage. Excellent suggestion for the novice investor.

Stuttgart is considered to be one of the largest innovation centers of Europe and has the highest level of well-being among all cities in Germany. In and around the city has a population of about 2.7 million people. The nominal GDP of the region according to 2013 is 39 990 euros per capita, while the total nominal GDP is estimated at 101.3 billion euros. Stuttgart has been awarded the prize of the European Commission's "Award of Excellence for Innovative Regions".

Currently, Stuttgart is a powerful centre of high technologies and machine-building industry. There are representative offices of large international corporations. Of special importance as a world-renowned industrial giants and innovative medium-sized company. Among some of the most significant organizations located in the region include Daimler, Porsche, Bosch, Celesio, Hewlett-Packard/Compaq and IBM Deutschland Deutschland, each of which has a world or European headquarters. Among other companies Alcatel SEL, Agilent Technologies, Trumpf, Stihl, Dürr, Kärcher, Lapp, Festo, WMF, Märklin, Leitz, Ritter Sport , Hugo Boss,Lufthansa and many others. On the outskirts of the city next to the Stuttgart airport is the largest exhibition center Messe Stuttgart, the ninth-largest in Germany,the stock exchange Stuttgart is the second largest trading platform in Germany after Frankfurt stock exchange.

In comparison with other regions of Germany, the ratio property prices and rental income , is in reasonable conformity and allows to obtain high and stable profit


Property details

Type of location
City center
Rooms count
2
Floor count
2
Year of construction
1950

Location

Stuttgart

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