Apartment house in city Wittenberg
807.00 sq.m.

€ 52 500

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Proposed apartment building halfway between Berlin and Leipzig.

Urgent forced sale!

property Description:

the house is massive Brick building is located in the Central district of the city of Annaburg-Wittenberg, equidistant from the three big cities - Berlin, Leipzig, and Dresden.

the three-story historic building has a total useful area of over 800 m2 and is located on a well maintained plot with a garden planting area of approximately 555 m2, the cost of which is already included in the price of the object.

the Facility is a recognized public monument that allows the holder to use gossubsidy and tax benefits.

since 2000, the facility is constantly upgraded, has been replaced all electrical wiring, new Windows inserted, replaced all the sanitary installations and heating battery.

the house has Central heating, partially for decoration in some of the apartments left tile stoves-fireplaces.

In one of the apartments  fully fitted modern kitchen, which also already included in the price of the object. 

ground floor is one apartment with a total area of about 85 m2.

second floor two apartments of 85 m2 each.

third floor is a separate apartment (approx 85 m2) and two apartments (each OK 25 m2) with separate entrance.

the house is partly wooden floors, partial carpet and linoleum in the bathrooms - tiles.

the spacious basement are offices for bikes, prams and space for drying clothes and storage facilities for the personal belongings of tenants for each separately.

At the moment because of the lack of adequate owner, the object protive and possibly in need of repair for successful renting.

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 renting in the area, with proper management with the full leasing of this property can bring about 30 thousand 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 this apartment.

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 it. Leipzig airport: 91 km (1 hour 10 minutes by car)

Distance to Berlin: 107 km (50 minutes by car)

Distance to Dresden: 121 km (1 hour 50 for auto)


Wittenberg (Lutherstadt), district town in Germany in the Federal state of Saxony-Anhalt, on the Elbe river.

In the sixteenth century was a major center of cultural, scientific and political life in Germany, and also played a prominent role in the beginning of the reformation,

Wittmer was a place of activities of Martin Luther, Philipp Melanchthon and Lucas Cranach, as well as families known to medieval jurists Karpovich.

Local attractions Lutherhaus, Melanchthonhaus and castle Church, to the door where Martin Luther tacked his 95 theses in 1517, is listed as a world cultural heritage site by UNESCO.

was the center of the Duchy of Saxon-Wittenberg in the sixteenth century, Wittenberg was the residence of the elector of Saxony.

the City is located 100 km from Berlin, and 70 km from Leipzig.

Seller information

Seller type Agency
Company Stimul Consulting

Location of the property on the map

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