Tuesday, November 23, 2010

German properties | Properties Germany | Property Investment

Features:
  • Bank repossession
  • 96% let to long-term tenants
  • High yielding property
  • Great location
This residential apartment block was built in 1978 and fully refurbished in 2000. The building comprises of 24 apartments and 15 parking spaces. Currently, 1 apartment is in the process of re-letting.

The property is in a great condition and in no need of immediate attention.

The property is a bank repossession and can be purchased at a yield of 11%.

Please follow the link below to view a video of the property and surrounding area:

http://www.facebook.com/video/video.php?v=408486090682

Bathrooms are equipped with tiles, bedrooms and kitchens are equipped with tiles/textile and laminated flooring. Double glazed windows have been installed upon refurbishment.
All apartments have spacious balconies.

This property is located in a small town between Halle and Leipzig. The local infrastructure is well developed. The local train station offers rail links with direct access to major cities of Germany such as Leipzig, Halle and Berlin. The property is located in an recreational area with little to no pollution or noise. All tenants enjoy the closeness to nature.

Buying this property can be extremely lucrative as it is a bank repossession. Generally these type of buildings are sold at a price that is far below there actual market value and therefore offers a unique chance to buy good value properties.

For further information on this property, please contact properties24 any time.

Alternatively you can register free on our website www.properties24.org to receive regular email updates on new properties and latest property price changes.

Daft Property Shortcode:
www.daft.ie/7814964

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