Apartment house in city Magdeburg
425.00 sq.m.

€ 117 000

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Proposed apartment building near Magdeburg

Forced sale!

property Description:

four-storey apartment building with a total area of 425 m2 approx. is located in Schönebeck, Saxony-Anhalt.

This charming town is located 15 kilometers from the capital of the land Saxony-Anhalt - Magdeburg.

the House is located on land area approx. 250 m2, which is also on sale and is already included in the stated price.

the Proposed facility is located in the Central part of the city in a cozy and quiet area.

In the vicinity there is a school, kindergarten, branches of several major German retail chains, banks, post offices, pharmacies and other necessary infrastructure for life.

the Property is protected by state architectural monument, therefore, it is possible to obtain grants and subsidies from the Fund for the restoration and maintenance of monuments, as well as tax incentives for the restoration or repair of the object, if necessary. 

Near the house is a small Park with flowerbeds, flowers, playgrounds for children.

the four massive house living area approx. 325 m2 is located 7 apartments.



Central heating. Flooring - laminate, linoleum, tile.

In the Windows - wooden double-glazed Windows. 

Available services of water, Sewerage, electricity, Internet and telephone.

the basement contains spacious storage space for bikes and prams and technical premises.

Each apartment belongs own basement.

On site in the courtyard is a wooden shelter for two cars tenants with an area of about 18 m2. 

On the basis of the average cost of renting in the area, with good governance full lease, this property can bring about 30,000 Euro annual income.

the New owner can dispose of property at its sole discretion - to live in it, manage the property, lease it or find a responsible Trustee.

currently, the property is situated in the external competitive management and will be sold to a new investor directly by the Bank through the courts.

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.

Distance to Magdeburg: 15 km (approx. 15 min by car)

the Distance to Leipzig: 110 km (approx. 50 minutes by car)

Distance to Berlin: 180 km (approx. 1 hour and 45 minutes 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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