Apartment house in city Paderborn
480.00 sq.m.

€ 393 000

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Proposed multi-apartment apartment houses in Paderborn

Urgent forced sale!

property Description:

the Proposed facility is located in Paderborn, Federal state of North Rhine-Westphalia.

a detached three-storey house, built in 1966, located in a pleasant and lively area of the city on a private land plot of 453 m2. This site is also for sale and is already included in the stated price.

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

three Storey 6-apartment capital house includes:


    2 apartments on the ground floor (approx. 73 m2 and 37 m2)

    2 apartments on second floor (approx. 73 m2, 37 m2)

  • 2 apartments on the third attic floor (approx. 61 m2 and 30 m2)


In the basement are rooms for drying clothes, storage for bicycles and pushchairs, technical premises, and also premises for storage of tenants.

Each apartment belongs a separate basement for storage of the owner or tenant area of approx. 8 m2.

the cost of the property includes 3 separate overhaul of the garage.

in addition, there is additional space for Parking.

According to the seller, during its existence the house regularly subjected current repair and necessary upgrades.

the Windows are plastic double-glazed Windows. Heating - Central gas.

Flooring - laminate, carpet, linoleum, and the bathroom and toilet tiles.

In kitchens and bathrooms walls tiled with ceramic tiles.

All bathrooms are equipped.

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

According to the seller,at the moment all apartments are delivered in long-term lease and bring about 21.400 euros per year.

based On the average cost of renting in the area, with proper management when fully rented, this property can bring about 40,000 Euro annual income.

currently, the property is situated in the external competitive management and will be sold directly by the Bank 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.

Distance to it. Dortmund airport: 91 km (1 hour 4 minutes by car)

Distance to it. düsseldorf airport: 160 km (1 hour and 45 minutes by car)


Paderborn is located in the southeastern part of the Westphalian lowland in the vicinity of the river Lippe, on the river Pader, at the foot of which stretches from the South to the East of Paderborn plateau and the towering mountains to the East egg part of the natural Park of the Teutoburg Forest. Which gave the city its name the river Pader with more than two hundred sources, with a length of about 4 kilometres, is the shortest river of Germany. Along with the above-mentioned rivers on the territory of the city there are several lakes: Althanstrasse, Lippesee, Pedersen, Nesthauser, Ratesee, Habitee, Tallasee, Vestige.

Near Paderborn is the former SS castle - Wewelsburg.

the City is known for its University with a theological faculty, founded in 1614. And there are also three institutions.

the Population is about 144·000 people. The area of 179 km2 .

Located at the intersection of two highways, and· which has its own airport, Paderborn is easily accessible from any direction.

Distance to international airport Hannover is about 150 km (an hour and a half drive), and Dortmund airport is 105 km away.

Seller information

Seller type Agency
Company Stimul Consulting

Location of the property on the map

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