Apartment house in city Magdeburg
397.00 sq.m.

€ 31 000

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MFH-ZV-8361

Proposed apartment building in the suburbs of Magdeburg


Forced sale!



property Description:


we offer For sale apartment house Imperial construction.


the Facility is located in a well maintained southern suburbs only 14 km from the centre of Magdeburg - the capital of the Federal land Saxonia-Anhalt.


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


the three-story apartment house living area 250 m2 approx. includes one apartment per floor. 


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


the Facility is located on a private land area 499 m2, which is also on sale and is already included in the price.


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 rent after repairs annual income from lease payments may exceed 25,000 euros.



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. Hannover airport: 167 km (1 hour 35 minutes by car)


Distance to Berlin: 183 km (2 hours 20 min by car)



Description:


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

Seller information

Seller type Agency
Company Stimul Consulting

Location of the property on the map

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