Multi-Family House + Single Family House-2 for 1 in Mutzschen, Saxony, Germany

2 Properties for the Price of 1 - for Investors with Vision

We are property developers specialising in the redevelopment and renovation of older properties in Saxony East Germany. As we have recently taken on 2 large scale projects, we have decided to offload some of the smaller properties in our portfolio and present you with a great opportunity to buy the following properties.

Location

These 2 properties are situated in the same street of Mutzschen, a town of Leipzig, which is 13km East of Grimma and 21km North East of Dobelin. The historic town of Dresden is just 55km away. The beautiful Mutzschen Roda lake is 1.5km from the properties and the Mutzschen Schloss is within walking distance. Perfect location for bike riding and afternoon picnics.

Mutzschen falls within a redevelopment zone and there would be generous tax incentives available for both of these properties subject to government approval.

Property 1.

This is a single family house with 6 rooms and an attic suitable for conversion. Original wood heaters and entry floor tiles still remain. There is electricity to the house and sewerage is connected.

The property will require full modernisation and some restoration work.

Property 2.

This is a multi-family house which has been divided into 6 small flats. The attic is suitable for conversion and there is also a cellar. Some of the windows have been replaced and several orginal features remain. The top floor apartment has a good size balcony with views over the park behind the property, there is also a generous size garden.

Electricity and sewerage has been connected.

This property will require full modernisation and some restoration work.

Both of these properties represent a great opportunity for a first-time investor who wants to enter into the overseas property market without breaking the bank. Germany remains the strongest economy in the EU and one of the best places for real estate investment.

How to Buy

Buying a property in Germany is a straight forward procedure, which has minimum standards and security of title similar to Ireland and the UK.

Brief Guide:

1. pay 10% deposit immediately. This is known as a deed of purchase. You
will get a receipt for the 10% deposit.
2. Within 4 weeks of receipt of your deposit, you must sign and complete all
legal formalities in person at the nominated Notary office in Germany.
3. Make payment of remaining 90% into our nominated bank account.


We will be happy to answer any of your questions and look forward to hearing from you.