Apartment house in city Magdeburg
285.00 sq.m.

€ 38 000

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Offered for sale a large cottage in East Germany

Forced sale!

property Description:

house 1934 the buildings are located in a well maintained suburb of the capital of the Federal state Saxony-Anhalt, the city of Magdeburg.

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

the Facility is located on a private land plot of 236 m2, which is also on sale and is already included in the price.

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

three-Storey house with a total area of approx. 280,00 m2 and is divided into:


  • the First floor consists of a living room (approx. 20m2), kitchen (approx. 11 m2), bathroom (approx. 8 m2), corridor (approx. 10 m2) and a veranda (approx. 4 m2).

  • the Second floor consists of one bedroom (approx. 20m2), corridor (approx. 9 m2), bathroom (approx. 8 m2), guest bedroom (approx. 12 m2)

    on the Third floor consists of a large children's room (Cabinet) (approx. 25m2)     

the Windows are plastic double-glazed Windows.

the plot also has two large farm outbuildings.

According to the seller, at the moment the house is not rented out and can be used at the discretion of the new owner for own stay and for rent.

based On the average cost of renting in the region, this object is with proper management under lease can bring about 10 thousand euros. 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: 82 km (approx. hours by car)

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


Magdeburg - the capital of the most rapidly developing Federal state of Germany with 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.

Good transport links with other cities in Germany and Europe is ensured thanks to the Federal road B6, as well as to the motorways A2 and A14, is located in the immediate vicinity of the city.

the Distance to Leipzig airport - 65 km, international airport of Hanover - 190 km, to Berlin - 170 km. 

Seller information

Seller type Agency
Company Stimul Consulting

Location of the property on the map

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