German properties | Properties Germany | Property Investment

Features:

• Fully tenanted
• Fully refurbished
• 11% yield!
• A prime location

These two 4 storeys over basement buildings were built in 1900 and fully refurbished in 1995. They comprise of 14 units, 3 of which are commercial and the rest is residential. They are fully tenanted with an annual yield of 11%.

The three commercial units are located in the ground-floor. All apartments have been equipped with double glazed windows and laminated flooring.

The property is Weißenfels which is the largest town of the Burgenlandkreis district, in southern Saxony-Anhalt, Germany. It is situated on the river Saale, approximately 30 km (20 mi) south of Halle. Basketball and Uni-hockey are the two most popular sports in town. Uni-hockey Club Kreissparkasse Weißenfels won the German Uni-hockey championship seven times, from 2003 to 2009. The Uni-hockey European Cup, organized every year in order to establish the best team in Europe, was held in Weißenfels and neighbouring cities Hohenmölsen and Merseburg in January 2004.

This is a true investment opportunity, for further information, please feel free to mail or call me at any time for more information or to arrange a viewing. We would also be helpful in organising finance for this building if required!

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