PR24001, Apartment Block, Niederau bei Meißen, Saxony, Germany

€300,000

If you are looking for a great opportunity to invest in Germany, this apartment block could be your choice. This block was built in 1930 and fully refurbished and modernized in 2010 on present day standards. It comprises of 12 apartments. Currently 3 apartments are in the process of tenancy.
All apartments have been done on high standards regarding; the laminated flooring, double glazed windows and tiled bathrooms/kitchens.
The block is situated in Ockrilla, 9 minutes drive from Meißen city center. Meissen is a town of approximately 30,000 inhabitants and it is about 25 km (16 mi) northwest of Dresden on both banks of the Elbe river in the Free State of Saxony, in eastern Germany. Shopping centers, schools, restaurants, clubs, clinics etc. all can be found in the vicinity of the property.
This wonderful newly refurbished building is achieving an amazing 10,63% yield and the potential of 14,12% yield when it is fully tenanted. For further information on this particular property, please contact properties24 any time. Visit our Website www.properties24.com and get a FREE log-in for further properties throughout Germany.

 

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