Apartment house in city Gelsenkirchen
414.00 sq.m.

€ 82 000

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Proposed apartment house in Gelsenkirchen, Federal land - Vietnam.

Forced sale!

property Description:

the Proposed facility Dating back to 1905 is positioned in a well maintained Gelsenkirchen.

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

Apartment building includes 4 apartments:


    two-bedroom apartment on the ground floor of 117 m2

    one-bedroom apartment on the second floor with an area of 48 m2

    one-bedroom apartment on the second floor with an area of 47 m2

    two-room apartment on the attic floor with area of 47 m2

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

based On the average cost of renting in the area, with competent management in renting this property can bring about 27 thousand euros of annual income.

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

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 it. düsseldorf airport: 48 km (1 hour by car)

Distance to it. Dortmund airport: 42 km (45 minutes by car)

Distance to it. Cologne airport:  - 85 km (1 hour by car)


Gelsenkirchen located in the Northern part of the Ruhr area. The city has a population of 270 thousand people.

currently, in Germany and abroad, Gelsenkirchen, known primarily as the birthplace of football club Schalke 04 and modern stadium Veltins arena with a retractable roof.

Approximately 10% of the city is occupied by parks and lawns, another 25  percent of forests and agricultural territories. Gelsenkirchen belongs to the cities with rich greenery.

In Gelsenkirchen there are interesting sights. For example, the zoo "ZOOM— World adventures", divided into three thematic parts (Alaska, Africa, and Asia), with many attractions. Also worth noting is the  third largest in Germany, an exhibition of reduced models on the railway theme and Music theatre with a capacity of more than 1,000 people.

a Lot of passing in close proximity to highways allows easy access to any city in Germany and Europe.

the Distance to düsseldorf city centre is 55 km away.

Seller information

Seller type Agency
Company Stimul Consulting

Location of the property on the map

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