Tuesday, March 15, 2011

German properties - PR24107, Apartment Complex, Geithain, Saxony, Germany

€440,000

This is a wonderful opportunity to acquire one of these magnificent high yield Gross blocks. The block was built in 1976 and fully refurbished in 1994. The condition of the building has been kept in good standards since the refurbishment due to the long term tenants and managing company. The building is currently almost fully tenanted at an annual return of currently € 68.211, – which equates to a yield of 15,...

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