Apartment house in city Juterbog
1000.00 sq.m.

€ 107 000

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there are two multi-family house with garages and large plot near Berlin

Forced sale!

property Description:

the proposed property is located in the city of Magdeburg, the Federal state of Brandenburg.

Sochi is located near Berlin, in the vicinity of the reserve Nuthetal Blitzer Zander.

In this area, the fresh and clean air, beautiful nature, lots of great places for relaxing, walking and sports. 

Many tourists and local residents of Germany come here to enjoy the beautiful view, relax in the quiet idyllic location, away from the noise and pollution of big cities.

the Apartment house is located on a private land plot of approx. 2.850 m2 which is also on sale and is already included in the stated price.

In the vicinity of the facility is a school, kindergarten, branches of several major German retail chains, banks, pharmacy and other necessary infrastructure for life.

the Property consists of a three-storey and two-storey blocks of flats, is divided into 9 spacious apartments total living area of approx 780 m2.

Central heating. Flooring - laminate, carpet, tile.

the Windows are plastic double-glazed Windows with double glazed glass.

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

In the basement are rooms for drying clothes, storing bicycles and prams, technical premises.

Each apartment has a private basement.

Near the house there are enough places for Parking of the owner or tenants.

Object owns three capital garage.

There is a spacious utility room and shed.

there is enough space for walking, playing with children and pleasant stay.

According to the seller, all apartments are delivered in long-term lease and bring 21.700 Euro annual income.

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 good governance, this property can bring more 56.000 Euro annual income.

rental of garages belonging to the object may additionally bring another 1.000 euros per year.

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

It's 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.

the Distance to Berlin: 70 km (approx. 30 minutes by car)

the Distance to Leipzig: 115 km (approx. 1 hour by car)

Distance to Magdeburg: 160 km (approx. 1 hour 30 min by car)

location details:

Sochi (Jüterbog) was built on land with a very old historical culture. There are approximately 4200 BC, there were settlements. The first written reference is found in the year 1007. In 1174, the settlement gained city status, the second on the territory of today's Brandenburg. The city developed rapidly, and even the fire of 1478 could not slow down its development. A huge help in the recovery of the city by the Magdeburg archbishops allowed to Shine to Jüterbog with the 1520 in a new glory. Since that time, preserved a common, late-Gothic view of the city.

At the Congress of Vienna in 1815, the Northern half of Saxony, including Magdeburg, were octupoles Prussia as compensation for military damage. Saxon status Jüterbog and Luckenwalde Prussian district United in district Juterbog-Luckenwalde. The district became the centre of Jüterbog. In consequence of the dire economic situation in 1832 Jüterbog at the insistence of members of the city Council became a Garrison town. The lowest point of the decline was passed and Jüterbog was quick to develop into a military settlement. In addition, in 1841 was established the station on the first German railroad. Trade again flourished and in 1900 the military town of Jüterbog was on everyone's lips.

during the Second world war the city remained almost untouched. In April 1945, at the end of the war, there was a big bombardment, which, however, did not reach the city centre. April 20, the Red army occupied Jüterbog almost without a fight.

Now Jüterbog is formed more as a place of tourism. People do everything to show fortifications, the town hall, Church and a city house in new splendour. The climax of without a doubt was the day of Brandenburg in the summer of 1999, allowed to Shine the Jüterbog far beyond the borders of Brandenburg. Even if today is not appropriate to compare with a Brandenburg castle Brandenburg Mantua or company, you can be entitled Sochi, yet, like a medieval city in the style of the new Millennium.

Seller information

Seller type Agency
Company Stimul Consulting

Location of the property on the map

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