Townhouse in city Magdeburg
480.00 sq.m.

€ 28 000

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a large Villa on the outskirts of the capital Magdeburg

Forced selling

property Description:

the Proposed facility is located in a residential suburb of Magdeburg - capital of Saxony-Anhalt.

Multifamily two-story house of about 400 m2 is a private land plot of more than 1.500 m2, which is also on sale and is already included in the price.

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

a minute walk from the proposed facility to the river Room, allowing you to enjoy the picturesque waterfront as a unique view from the Windows and outdoor recreation.

the Building is a protected state monument of architecture, it provides its owner, the state grant or subsidised loan for the repairs.

In the house there are spacious basement for technical needs and for storage of necessary equipment.

On the territory of the plot there is an outbuilding which was used as stables.

At the moment, due to the lack of adequate owner, the property is vacant, for renting the building needs repair and bringing up to a condition suitable for use.

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.

the site is as suitable for restructuring under the multifamily apartment house with the subsequent leasing.

based On the average cost of renting in the region, the object with proper management after the renovations and with the full lease can bring about 25.000 Euro annual income.

the Object is currently 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 it. airport Lapcha: 80 km (approx. 1 hour by car)

Distance to Berlin: 160 km (approx. 2 hours by car)

the Distance to Hannover: 180 km (approx. 2 hours 10 min by car)


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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