Apartment house in city Gelsenkirchen
374.00 sq.m.

€ 120 000

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Proposed apartment house in Gelsenkirchen, Federal land EOT

Forced sale!

property Description:

a three-story apartment building is located in a quiet residential area in the Western part of the city Gelsenkirchen.

within a few minutes walking from the house you can find all necessary for life infrastructure.

the Facility is located on a private land plot of 240 m2.

the property consists of five apartments:


    two apartments on the ground floor area of approx. 50 m2  each.

    two apartments on the second floor area of 50 m2 and 51 m2

    one apartment in the attic approx. 40 m2

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

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 house is partly rented out for long term.

based On the average cost of renting in the area, with competent management in renting this property can bring about 25,000 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: 55 km (40 min by car)

Distance to it. Dortmund airport:, 46 km (35 min by car)

Distance to it. Cologne airport: 102 km (1 hour 10 mins auto)


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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