Apartment in city Ulm
72.00 sq.m.

€ 50 000

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Proposed four-room apartment in the center of the South German city of Ulm

Forced sale!

property Description:

the Apartment building post-war building is located in a big city in the South of Germany in Baden-württemberg.

Here you can find a school, kindergarten, branches of major German retail chains and other vital infrastructure.

the Building is a protected state monument.

Therefore, we have the opportunity to receive grants and tax benefits from the state.

three Bedroom apartment with an area of approx. 65 m2 is located in the attic of the house and is divided into:


  • living room (15 m2 approx.)

  • the
  • bedroom (12 m2 approx.)

  • the
  • children's room (approx. 12 m2)

  • the
  • children's room (approx. 11 m2)

  • the
  • entrance hall with open kitchen (approx. 10 m2)

  • the
  • bathroom (5 m2 approx.)

the Apartment also benefits from an attic room and a separate basement for storage of the owner or tenant area of approx. 7 sq. m.

the Floors are laminate and tiles. The Windows are plastic double-glazed Windows.

heating is Central gas.

According to the seller, at the moment the apartment is put into long-term lease and brings about 11.400 euros per year.

based On the average cost of renting in the region, with proper control when renting this property can bring about 15.000 Euro in annual revenue.

the Apartment 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 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 to it. Stuttgart airport: 80 km (approx. half an hour by car)

Distance int. Munich airport: 160 km (approx. 1,5 hours by car)

Description area:

Ulm is a city in Germany, in Baden-württemberg on the river Danube, about 90 km South-East from Stuttgart and 140 km North-West of Munich.

a City with a population of about 120 thousand people is the city district and is the administrative center of the district of ALB-Danube. Known since 854 years, has a rich history, from the XIII century Imperial city. As a result of stay there are numerous industries it is a major economic center. The silhouette of the city largely determines the world's tallest Gothic Cathedral. Of the natives of Ulm's most famous Einstein.

during the Second world war the city suffered heavily from bombing by allied aircraft. By the end of the war, more than 80 % of the medieval centre, before the former among the largest in southern Germany, lay in ruins.

basically, the city was rebuilt in the standard style of the 1950s and 60s, although some heritage buildings have been restored. Ulm has experienced significant growth in the postwar decades was built many residential areas and industrial areas. In 1950, the city opened a weapons factory of the company J. G. Anschütz. In 1967 was founded by University of Ulm, which the obvious effect on the development of the city. In particular in the 1980s accelerated the transition of the industry from classic to high-tech industries, for example, there appeared research centers of companies like DaimlerChrysler, Siemens and Nokia, around campus there were many small institutions conducting applied research.

Today the city continues its growth, making, along with his Bavarian "twin" of the New Ulm area with a population of 170 thousand people. The city occupies a Prime Central position between Stuttgart and Munich, the cultural and economic centres in southern Germany.

Seller information

Seller type Agency
Company Stimul Consulting

Location of the property on the map

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