Viviun -> AD-109813 : For Investors With Vision - Investing/Development Opportunity in Magdeburg, Germany

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Investing/Development Opportunity in Magdeburg, Germany

For Investors With Vision

Asking Price: 39,000 € (Negotiable)

Bargain priced multi-family property to remodel, ideal as a buy-to-let property and have income from rentals. Magdeburg Sudenberg is a highly desireable rental location just 2 km away from the city center with its magnificent cathedral.
Please have a look at the other pictures and find out with your own eyes, how the property on offer could be transformed again into a beauty like the remodeled buildings on the other side of the street.
You get 12 apartments with aprox. 700 m2 of useful area for 39.000,-- € or near offer, truly a once in a lifetime investment opportunity.
A big advantage of investing as a private person in a property in Germany is that if after more then 10 years of ownership, you decide to sell the property at a profit, this profit is completely tax free.
Foreign bidders are more than welcome; but we will not travel abroad for meetings nor will we fall for any fraudulent money exchange schemes.

Please contact Greg on 0049-170-9864767.

Magdeburg, capital city of Saxony-Anhalt with about 220.000 inhabitants, has strengthened its appeal as a leading business location in the heart of Europe where the 1200 year old imperial city has made the most of its favourable central location at the intersection of important German and European traffic routes. For companies, Magdeburg has indeed become a most desirable business address as it is in close proximity to the thriving sales markets in the Berlin-Leipzig-Hanover triangle. The city is also the political centre of the German Land Saxony-Anhalt where investors benefit from fast decision-making processes and are able to quickly identify and address the right contact persons. Further information at: magdeburg dot de

About This Property

Category: Investing/Development

Address: Magdeburg
Germany

For Sale By: Owner

Construction Year: 1910
Needs Renovating: Yes
Area: 700 m2

Bedrooms: n/a

Bathrooms: n/a

Sleeps: n/a

Stories: n/a

Parking Spaces: n/a

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