Apartment in city Brandenburg
775.00 sq.m.

€ 156 000

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there are 2 profitable apartment buildings with 8 apartments + 2 commercial premises in Wittenberge, Brandenburg

Urgent forced sale!

property Description:

the Property is situated in Wittenberg, the Federal state of Brandenburg.

Two apartment houses are located on land area approx. 900 m2 which is also on sale and is already included in the stated price.

In close proximity to public transport, several large shopping centers, Bank branches, restaurants and cafes, pharmacy and other necessary infrastructure for life.

Central railway station is a 5 min walk from the house.

     Apartment house # 1 useful with an area of approx. 335 m2 divided into:

  • basement

  • the
  • commercial premises with an area of approx. 65 m2

  • the
  • 5 apartments with a living area of 270 m2 approx.

     Apartment house # 2 useful approx. 250 m2 divided by:

  • basement

  • the
  • commercial premises with an area of approx. 55 m2

  • the
  • 3 apartments with a living area of 195 m2 approx.

heating: Central.

Flooring: laminate, linoleum, tiles.

Windows: plastic and wooden Windows with double glazed glass.

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

the basement contains spacious storage space for bikes and prams and technical premises.

Each apartment has its own spacious basement.

Near the house there are sufficient Parking spaces for cars.

According to the seller, 7 of the 8 flats occupied by long term tenants. 

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.

On the basis of the average cost of renting in the area, with proper management and full lease, this property can bring more than 50.000 Euro annual income.

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

It is 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 to Magdeburg: 110 km (approx. 1 hour by car)

Distance to Berlin: 140 km (approx. 1 hour 10 min by car)

Distance to Hamburg: 140 km (approx. 1 hour 10 min by car)

Distance to Rostock (Baltic sea): 140 km (approx. 1 hour 10 min by car)

location details:

Brandenburg was one of the most important cultural, historical and economic meaning of the Federal States of Germany. Located around Berlin (Berlin — a separate Federal unit, city-earth), it is famous for its amazing forests, which occupy more than 35% of the territory, and industrial enterprises — the share of Brandenburg in the country's GDP is 44 %.

Most of the territory of the Federal state of Brandenburg situated on the West of the valley of the Oder. Natural boundaries of the land became the Mecklenburg lake district in the North hills Fleming and Oberlausitz in the South. The boundaries of the administrative state to separate Brandenburg from Poland in the East of Saxony — from the South, Saxony-Anhalt and Lower Saxony in the West, Mecklenburg-Western Pomerania in the North.

the center of a large and well-developed land was the city of Potsdam.

Today, Brandenburg is inhabited by about two and a half million people. This highly developed commercial, industrial and scientific centre of Germany, with, everything, beautiful landscapes, richly embellished with forests, lakes (over 3 million), rivers (total length — more than 30 thousand kilometers), groves and green plains, which did not seem to concerned person.

it Has its own "Northern Tuscany" — Uckermark, and the "little Venice" — Spreewald, and "Brandenburg Arcadia" — palaces and parks of Potsdam, listed as a UNESCO world heritage. On the territory of the Federal open land "national Park meadows in the lower reaches of the Oder", 11 nature reserves, biosphere reserves under the protection of UNESCO. Very popular among visitors and locals resorts in bad Saarow, Luckenwalde.

From the old Royal — the history of Brandenburg preserved more than 500 palaces and Palace complexes, estates. Interesting sights can be found even in the smallest town of the region.

In Oranienburg travelers can see the Baroque Oranienburg Palace, built in the XVII century for Louise Henriette of orange — Dutch Princess. In Frankfurt-on-Oder, the Catholic Church of St. Mary, which started to build in the XIII and continued 250 years, creating one of the characteristic monuments of Gothic architecture with huge, complex stained-glass Windows.

Another remarkable Gothic Church located in Werder. In Senftenberg, the eponymous military fortress, the former in the eighteenth century a powerful fortecia in the territories of Brandenburg and Saxony. The old Brandenburg an der Havel can be called the historic jewel of the Federal land.

In the capital city — Potsdam is the most famous Palace of Frederick the Great — Sanssouci (French for "without worries"), or the "Prussian Versailles". The Palace was built in the XVIII century, and the author of the excellent of the project was the king himself, who, along with another architect Georg von Wenzeslaus Knobelsdorff — has created "an outstanding example of architectural creativity" (from the UNESCO justification for entering the Palace and Park complex in the world heritage list).

In Brandenburg produce products optical, chemical, electronic industry, coal. In the regional towns of Forst, Guben and Cottbus textile factory work. However, economists and logisticians believe the earth potential is far from exhausted, and the economy is just developing.

Seller information

Seller type Agency
Company Stimul Consulting

Location of the property on the map

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