For sale Apartment in Chemnitz Saxony Germany | Buy Real Estate

           
 
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  Apartment for sale in Chemnitz Saxony Germany
For Sale Euro € 815,000
GBP £ 658,602 | USD $ 1,041,815
City/Town: Chemnitz   map
Region: Saxony
Country: Germany
Reference: 5321346
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: 164 times
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UNDER OFFER - Situated superbly in the in-demand district of the Kassberg, just the to west of Chemnitz City Centre, lies this beautiful period apartment house. The Kassberg is known as the best location in the city, with good standard housing and infrastructure and a vibrant cafe scene. The population in the part of the city has increased steadily for the last 15 years, and has increased by 24% over this period. The city of Chemnitz numbers around 230,000 inhabitants and boasts one of the most vibrant economies in the former east of Germany. There is one commercial and 17 residential units to the property, set over 5 floors. The property is very well refurbished with thermal insulation to the beautiful facade and boasts an elevator and also balconies to the rear of the property. The average size of the apartments is 61 sqm which are very favourable and appeal to the widest range of the tenant sectors. The property sits in a fine tree-lined street with ample well-kept grounds behind the property and in an area of completely refurbished property. At a price of 685 Eur per sqm, this property offers real value.

The property is in an area which will support 80% finance to international clients. The property will really appeal to a buyer looking to secure a monthly return with little maintenance issues, and good prospects for growth as the city develops. The property will really appeal to those with lower equity to invest, but looking to secure a very sizeable property.

Chemnitz-Kassberg 815.000 Euro Investment Opportunity - 17 apartments plus commercial 1189 Sqm - Yield Today 8.2% - Only 685 Eur per sqm!

Key Contacts

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Mat Littlecott

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Paul Tester

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James Kirkman

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