Apartment for Sale in Krefeld, Germany

Sunny Duplex Near Central Park

Sun drenched duplex in the center of Krefeld, near Düsseldorf. Perfect for buy-to-let with a potential net yield of 8.5 %. Ideal location just meters away from Krefelds central park (the Stadtgarten) and the downtown shopping area with many restaurants, cafes, art galleries, museums, public transport, main theatre and the town hall etc.

This contemporary duplex measures 55 m2 with a 4 m2 private balcony leading on to a quiet and green huge inner yard with many trees. It is on the second floor of a well kept 5 unit building. A garage can be purchased separately for 9.500,- Euros. The apartment could easily be rented out for 300,- € + (net rent) a month. Over 12.000,- € have been spend in the last 2 years on renovation and improvements: a new combination boiler (heater), new insulating glass windows in the entire flat, new high quality bamboo laminate in the entire flat, new wallpapers and painting, new toilets etc.

Also included in the price are over 4.000,- € of maintenance savings (20.000,- € total savings for the building), another bonus which will more than cover any future expenses in a modern, well kept building. A new roof insulation and the renovation of the staircase have just been realized.

The beautiful city of Krefeld (250.000 inhabitants) lies within a major cluster of important German cities; Cologne, Düsseldorf, Duisburg and the Dutch border are all within 30 minutes driving distance, the international airport of Düsseldorf is 15 minutes away by car. Although Krefeld is an important industrial and commercial center (steel, pharmaceutical, chemical, textile; with Bayer, Maizena and Deutsche Edelstahlwerke being the main employers), it boasts multiple parks, tree lined avenues all around the city, elegant residential areas and a wide variety of leisure and cultural activities.

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 will 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.

No Commission. Motivated Seller.

Please contact Greg on 0049 - 170 - 986 47 67