Apartment house in city Pirmasens
228.00 sq.m.

€ 23 000

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Proposed apartment building in the South of Germany, near the border with France

Urgent forced sale!

property Description:

the Proposed apartment building 1920 building with one of the nicest cities in Rhineland-Palatinate - Pirmasens.

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

the House is very well located in a well maintained residential neighborhood on a private land plot of 200 m2.

three-story house includes three apartments:


    one-bedroom apartment on the first floor with an area of 46 m2 approx.

    two-bedroom apartment on the second floor area 52 m2 approx.

    two-bedroom apartment on the second floor area 52 m2 approx.

the house also has a spacious basement for technical needs and for storage of tenants.

At the moment, due to the lack of adequate owner, the property is vacant, for renting the building in need of repair.

the Volume of repair depends on the requirements and creative ideas of the new owner and can be calculated with the help of specialists of our company in a short time.

We can also arrange repair works.

based On the average cost of renting in the region, after repairs annual income from lease payments may be more than 15.000 euros.

the Object is currently in the external competitive management in the absence of the owner 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. Stuttgart airport: 165 km (2 hours by car)

Distance to France: 16 km (20 min by car)

area Description:

Pirmasens is a city with a good infrastructure, is located 10 kilometers from the border with France on the Rhineland-Palatinate.

15 km from Pirmasens is Germany's largest outlet centre (of zweibrücken).

the Outlet shops is a small one-story town, filled only with stores brands and manufacturers.

All the products of a single manufacturer sold in its own boutique.

the Goods are sold with discounts, the size of which can reach 80% of the manufacturer's price.

the Nearest airport is located in the same zweibrücken.

the railway station and the well-developed network of public transport makes getting around the Pirmasens more simple and economical.

just passing in close proximity to the motorways allows easy access to any city in Germany and Europe.

Closest major city: Saarbrucken - 60 km, Strasbourg (France) is 95 km away, Baden-Baden - 115 km, Kaiserslautern is 40 km away.

Seller information

Seller type Agency
Company Stimul Consulting

Location of the property on the map

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