Apartment house in city Magdeburg
1013.00 sq.m.

€ 55 000

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Offers a huge apartment building in Magdeburg

Forced sale!

property Description:

the Proposed four-storey brick house with attic is located in a large and popular city of Magdeburg, the capital of the Federal state of Saxony-Anhalt.

the property is set on his own land with a total area of approximately 600 m2 that is already included in the price of the object.

In the vicinity of the facility is a school, kindergarten, branches of several major German retail chains and other necessary infrastructure for life.

Literally 10 minutes from home at the pace of a slow walk is a beautiful Park and the embankment of the river Elbe.

significantly, also close to Magdeburg University. Otto von Guericke.  Many students each year are looking for apartments in the area. This is thanks to a multidisciplinary University with a major in traditional fields of engineering, natural Sciences and medicine.

Mmnogokvartirnym house (over 1000 m2) divided into:


  • 18 apartments

  • the
  • 2 commercial spaces

heating - Central gas.

Buildings of brick are considered the most durable. This building material is environmentally friendly, capable reception and return of moisture and regulating the microclimate inside of premises. It's a great insulator, which can cut costs on utility bills for heating.

Available and activated services of water supply, Sewerage, electricity and telephone connection.

Near the house there is ample Parking space for cars.

And there is a peaceful patio, which can only be used by residents for a BBQ or just relaxing.

the Sizes and layout of apartments meet today's demand for housing in Germany and provide a consistent and stable rental income.

At the moment, due to the lack of adequate owner, the property is vacant, for renting all the premises of the building required repair.

According to the need and desire of the new owner during the repair of an apartment can be altered to increase or decrease the number of rooms, and are connected to modern two-floor apartment.

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

based On the average cost of renting in the region, after the repairs with proper management, and in renting this property can bring more than 95.000 euros of annual income.

the Object is currently in the external competitive management and will be sold directly to the lender through court a new investor.

the Object requested by the lender to the residual value and 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 Berlin: 140 km (approx. 1 hour 15 min by car)

Distance to it. Leipzig airport: 120 km (approx. 1 hour by car)

the Distance to Dresden: 220 km (approx. 2 hours by car)

Distance to it. Hannover airport: 150 km (approx. 1 hour 30 min by car)

area 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 km.

Seller information

Seller type Agency
Company Stimul Consulting

Location of the property on the map

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