Properties

Apartment with 4.18% yield in an old building in Stadtfeld West

39110 Magdeburg, Apartment for sale

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Contact details

Objectdata

  • Object ID
    P3_002
  • Property Type
    Apartment
  • Address
    39110 Magdeburg
    Sachsen-Anhalt
  • Floor
    1
  • Floors in the house
    3
  • Living area approx:
    77.83 m²
  • Rooms
    3
  • Bedrooms
    2
  • Bathrooms
    1
  • Primary energy supplier
    Gas
  • Year of construction
    1918
  • Last modernization
    2008
  • Condition
    gepflegt
  • Features
    Standard
  • Status
    tenanted
  • Subject to commission
    Yes
  • Buyer's commission
    5.83% of the purchase price incl. VAT Payable by the buyer to the real estate agent. If the purchase contract is signed by 31.12.2020, the commission is 5.83% of the purchase price incl. 16% VAT. For contracts signed from 01.01.2021 onwards, the commission amounts to 5,95% of the purchase price incl. 19% VAT.
  • Net rent
    570.00 EUR
  • Purchase price
    155,000 EUR

Features

  • Cellar
  • Garden usage

Energieausweis

  • Energieausweistyp
    Verbrauchs­ausweis
  • Ausstellungsdatum
    vor dem 1.5.2014
  • Gebäudeart
    Wohngebäude
  • Year of construction according to energy certificate
    2018
  • Primary energy source
    Gas
  • Final energy consumption
    98.70 kWh/(m²·a)
0 50 100 150 200 250 300 350 400+ Total energy consumption 98.70 kWh/(m²·a)

Property description

Description

Great investment in Magdeburg Stadtfeld!

The apartment offered here is located on the 1st floor of a well-kept apartment building with 12 residential units from 1918. The tasteful building combines cosiness and elegance.

The apartment has about 78 square meters of living space which are divided into three spacious rooms, a kitchen, a bathroom and a hallway.

The house is in good condition.

The apartment has been rented since October 1st, 2016 at a monthly net rent of € 570 and offers a return of approx. 4.18% *, making it ideal for buying as an investment. For more information about the tenancy, please contact us personally. To protect tenants' privacy, this ad does not contain any interior shots of the apartment.

* Information is without guarantee, yield example calculated as follows: Net annual rental income / purchase price x 100 = net return in %.

For more information about other available accommodation units, please visit us on our website.

Additional Information

Black Label’s international team can offer advice on all stages of property purchase, from the financial benefits of buying property in Germany to the step by step process of acquiring your new home or investment. Our team speaks fluent English, German, French and Mandarin, and works together with a team of English-speaking lawyers, notaries and mortgage brokers in Berlin.
We can provide you with a varied choice of properties to suit your needs. Just send us your search specifications, including:

- Property style
- Budget
- Location
- Investment or own use

For advice on financing your German property purchase, please get in touch with a member of our team. Our independent mortgage broker is able to offer up to 70% to international clients, and our recommended lawyers are at hand to explain the legal process of buying real estate in Germany.

Interested in letting your new Berlin property? Black Label offers management packages for both furnished and unfurnished lets, as well as a complete design and furnishing service tailored to your style. Get in touch with us or stop by the office for more information.

Location

The city of Magdeburg has about 240,000 inhabitants and is becoming increasingly interesting for families and young people. Its University also brings many students and business.

The district Stadtfeld is located west of Magdeburg's city center. This place of residence is especially characterized by short distances to the city centre and adjacent urban areas. There are good public transport connections in the form of bus and train. The main railway station is less than 2 kms away.

Hasselbachplatz and the city centre can be reached by car within 10 minutes. Shopping facilities, doctors and other services for your daily needs are also available and within walking distance.

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