Apartment house in city Gelsenkirchen
380.00 sq.m., 10 bedrooms

€ 240 000
We offer you a multi-apartment four-story apartment house in Gilsenkirchen, North Rhine-Westphalia, Germany.
Brick house built in 1911. The area is 380 m2. The plot is 399 m2 square.
 There are 5 apartments on 4 floors.
All apartments have basements. The house is very conveniently located both in relation to public transport routes and high-speed highway networks. School, preschool, banking and medical institutions, like all kinds of shops, are located either within walking distance or a short drive.
RECOMMENDED!
Profitability in view of financing - 8%.
The annual income (after payment of utility bills) is 19200 €.
Financing is possible at an acquisition cost of 60,000 €. If this amount is achieved through the simultaneous acquisition of two or more apartments, the condition for financing is their location in one house.
The firm is ready to assist in negotiations with German banks.
Apartments in this city since 2017 began to rise in price.
The building is maintained in excellent condition.
We offer:
stable demand for rental apartments and impressive investment income;
convenient location;
services of the management company;
 developed infrastructure;
the possibility of obtaining a residence permit in Germany.
The investment provides a profitable opportunity for investors due to the constant growth of value in the real estate market. As demand for housing in North Rhine-Westphalia spreads.
The local real estate market is stable and steadily growing. The trend that will continue. The lack of one-bedroom apartments and the high demand for rental of such properties in this area represents an interesting investment opportunity.
The possibility of lending in a foreign bank on the security of its own facility with low interest rates.
We offer real estate that provides high and stable passive income (office buildings, apartments, car parks, boarding houses, hotels). Reliability, transaction support.
Call, write, watch, buy.

Location of the property on the map

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