Apartment in city Magdeburg
40.00 sq.m.

€ 21 000

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Offers one-bedroom apartment in Magdeburg

Urgent forced sale!

property Description:

the Apartment is located on the first floor of a renovated and modernized house Imperial buildings are located in the center of Magdeburg.

In the vicinity of the facility is a school, kindergarten, branches of several major German retail chains and other necessary infrastructure for life.

the nearest public transport Stop 30 metres from the house.

can be reached on Foot within 15 minutes to the waterfront of the river Elbe, a large zoo, several city parks and Golf club.

During its existence the house regularly subjected current repair and necessary upgrades.

Studio apartment with an area of approx. 35 m2 divided into:


  • living room - 14 m2 approx.

  • the
  • kitchen - 8 m2 approx.

  • the
  • bathroom with toilet - 5 m2 approx.

  • the
  • storage room - 2 m2 approx.

  • the
  • corridor - approx. 6 m2

In the possession of the owner or tenant of the apartment also has a separate basement for storage, approx. 5 sq. m.

heating is Central gas.

the Windows are plastic double-glazed Windows.

In 2017 during the overhaul was upgraded heating system.

Available services of water supply, Sewerage, electricity and telephone connection.

a Sufficient number of Parking spaces near the house and in the courtyard.

According to the seller, apartment rented for long term rent and brings about 4.200 Euro annual income.

rents received on time and without delay.

On the basis of the average cost of renting in the area, with proper management when renting this property can bring about 5,000 Euro annual income.

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

the Facility 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 this apartment.

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. airport Berlin: 150 km (approx. 1 hour and 20 minutes by car)

Distance to it. Leipzig airport: 120 km (approx. 1 hour by car)

Distance to Hannover: 145 km (approx. 1 hour and 20 minutes by car)

location details:

Magdeburg - the capital of the most rapidly developing Federal state of Saxony-Anhalt with a highly developed industry and agriculture.

In industry and craft employed 42,4% of the economically active population in agriculture and forestry 19,0%.

an Important junction of roads and Railways, river port on the river Elbe, near the intersection with her mittellandkanal canal and the Elbe - Havel-Kanal.

One of the largest industrial and trade hubs of the country. A major center of heavy mechanical engineering (Magdeburg plant of heavy engineering behalf of Ernst Thaelmann, plants behalf of K. Liebknecht, name, Dimitrov and others).

In Magdeburg presents General engineering, manufacture of equipment for chemical, light industry, food industry, agricultural machinery, instrument engineering, river shipbuilding (in the suburbs Retense). There are chemical, food (sugar, meat) industry.

in Addition Magdeburg is an important cultural center, there are medical Academy, higher school of heavy mechanical engineering, special school of applied art, water conservancy.

the City is located at the intersection of two motorways A2 (Berlin-Dusseldorf) and A14 (Czech Republic - Baltic sea).

the Distance to Berlin is 160 km to the international airport of Hanover - 150 km.

Seller information

Seller type Agency
Company Stimul Consulting

Location of the property on the map

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