For sale Apartment in Leipzig Saxony Germany | Buy Real Estate

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  Apartment for sale in Leipzig Saxony Germany
For Sale Euro € 4,300,000
GBP £ 3,474,830 | USD $ 5,496,690
City/Town: Leipzig   map
Region: Saxony
Country: Germany
Reference: 5321319
Property Type: Apartment
Sale Type: Resale
Rooms: Studio
Size:
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Contact Information
Contact: Sales Agent
Company: International Property Sales
Language(s): English
Location: England
Email:
  EMAIL OWNER/AGENT
  This property was listed on
Sunday, February 05, 2012
  Last updated:
Friday, May 04, 2012
  Ad viewed: 107 times
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We are proud to present this historically important property situated in a superb location in the expanding city of Leipzig. The property is part of the Elster buildings, which form an exclusive development on the banks of the Elster river, originally an industrial building. The property was of huge significance in the industrial revolution in mainland Europe, being the biggest mill for spinning silk and founded in 1863. The factory employed over 2,000 people by 1911, and is now Europe's biggest industrial monument, The development was started 10 years ago, and comprises loft apartments, leisure and commercial outlets and business units. The final wing of the development is to be completed for residential purposes by Dec 2012.

At present, this wing of the development is laid out as commercial space, with good quality tenants including the State of Saxony, Post Office, Leipzig City Council, Sparkasse Bank, the local kindergarten and some small commercial outlets. The quality of the property and the level of refurbishment is high, with all services in place. By negotiation are car parking spaces adjacent to the unit.

Leipzig-Plagwitz - The Elster Park. Direct Bank Sale Only 513 Eur psm. With 24% of the building to let - there scope to achieve 11% yield.

Key Contacts

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Mat Littlecott

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Paul Tester

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James Kirkman

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Leipzig Property Market

Our German office is in Leipzig and all the ProVenture team are active investors in the city - this is a property market that we are very close to and know well. We have excellent links in the city and source some of the very best property investments in Germany here. If you are looking for a single German apartment or to purchase a large commercial investment in Leipzig. We are well placed to work with you.

can assist you at every stage of making a property investment in Berlin - from providing market research material, conducting accompanied property inspection visits, to arranging finance and property management. Please contact us to find our more about our German property investment services.

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Some Further information on Leipzig

Lowdown on Leipzig

PDF download

View investment information on Leipzig's Disticts

Where are Investors in German Property investing

Developing Rents in Leipzig - Social Rate up

Historical Property Prices in Leipzig

A longer look at Leipzig - thank you Eyjafjallajökull
For more information and to contact us use the email link.

Notes from the Owner/Agent :
 
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