Ref: HS2384407

Apartment for sale in Dresden, Saxony, Germany

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EUR €1,203,000 (approx. GBP £961,170)

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Property Details

Property: Apartment (Resale)
Bedrooms: N/A
Bathrooms: N/A
Receptions: N/A

Apartment in Saxony, Germany

Features

Refurbished apartment block in the center of Dresden
General
Price: 1.203.

000 €
Potential Rent per Year: 86.000 €
No of Commercial Units 3
Total Area: 1.

526 sqm
Reference Number: 1661
Property
The refurbished building accommodates 11 flats and 3 commercial units. One commercial unit (office) on the ground floor is presently vacant.

The building is situated in a so called Sanierungsgebiet. The average rent is 4,5 Euro/m2.

The market rent is 5,20 Euro/m2. Thus, there is a potential of ca.

15 %.
Location
The building is located in the trendy Neustadt of Dresden.

In the neighbourhood one can find fancy restaurant, cafes, bars, art galeries and fashion boutiques. Public transport as well as local ameneties are in walking distance.

The area is highly demanded by residential tenants.
Other
Commission: 7.

14% (incl. VAT) of purchase price to be paid by the buyer.

Plot Size

2.00m²

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