For sale Apartment in Leipzig Saxony Germany | Buy Real Estate

This property is significantly under-rented. With many rents remaining at the old social level of 3.85, there is plenty of opportunity for rental development of existing tenants by 10% immediately, as well as attracting new tenants to address anomalies such as the unit at 2.39 EUR. The potential figures listed below are based on the new social level, but it should be possible to develop non-social tenants beyond this figure to maintain alignment with developing rental levels across the city. There is further opportunity for rental development by the renting of the four remaining car parking spaces.

This property would suit an investor that is looking for a strong yielding investment that presents significant potential for further development of return during the period of investment. Depending on client status, this property would attract in the region of 80% loan-to-value.

This highly attractive property investment is located 400m on the north-side of the city centre. It constitutes 8 residential units and two commercial units (front, and discrete rear building, accessible by vehicle by automated gate) spread across 5 floors. The rear of the building was painted in 2009, and the front facade now requires work to achieve the potential stemming from its stunning original character. The location of the building is ideal for tenants, with the centre just 5 minutes walk away. The building is fully let, and currently yields almost 9%. Priced at 500 EUR psm, this is a fantastic opportunity to acquire a strong yielding property in a prominent central position.

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

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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
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