Apartment in city Magdeburg
50.00 sq.m.

€ 37 000

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Profitable one-bedroom apartment with balcony in the heart of Magdeburg, close to the Elbe promenade

force sale!


Offers one-bedroom apartment in Magdeburg, Saxony-Anhalt.

It is located on the first floor of a three storey house in the Central part of the city.

In the vicinity of the house located to public transport, school, kindergarten, sports complex, Park, branches of major German retail chains and all necessary infrastructure for life.

the river Elbe is a 2 min walk from the house.

    the Apartment has an area of 45 m2 approx. divided into:


  • living room

  • the
  • bedroom

  • the
  • kitchen

  • the
  • bathroom with bathtub and toilet

  • the
  • corridor

  • the
  • balcony

During its existence, the estate was regularly attacked current repair and necessary upgrades.

Central heating.

the Windows are plastic double-glazed Windows with double glazed glass.

the bathroom walls and floors tiled, installed the necessary plumbing.

Accessible and connected services of water, sewer, electricity, telephone and Internet.

the Apartment belongs own basement area of approx. 5 m2. 

the house has a shared basement for storage, drying clothes, storing bicycles and prams.

Near the house is enough space for Parking of the owner or tenants.

According to the seller, apartment rented for long term rent.

the New owner can dispose of property at its sole discretion, to manage the property yourself, rent it or find a responsible Trustee.

On the basis of the average cost of renting in the area, with proper management and rental, this property can bring to the new owner about 6,000 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.

the Distance to Leipzig: 130 km (approx. 1 hour by car)

Distance to Hannover: 140 km (approx. 1 hour 10 min by car)

Distance to Berlin: 155 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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