Key features:
- Freehold Building Consisting of 5 apartments
- Large plot
- The building is located in an attractive market town
Full description:
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Freehold Building Consisting of 5 apartments with ca.306 sq m (3298 sq ft) internal floor space, sitting on a
large plot of some ca.1603 sq m (0.4 acre). The building is located in an attractive market town which has
many historical buildings and museums, and a water castle. Egeln has a population of ca. 4,000 inhabitants,
and is located approx 25 km from Magdeburg, the county’s capital with ca 500,000 inhabitants. The building
was built around 1900, and is located close to the cobbled town square. The building requires full renovation
and modernisation.
Currently Germany is attracting a great deal of interest amongst UK property buyers and investors. The economy is on the up and the country has a great deal to offer to the wise investor. Generally properties for sale in the old state of East Germany are often very well priced in comparison to that of the rest of Germany and the UK. In addition yields are often higher with 10% being achievable.
Other than knowing that Germany has a safe and secure legal system, investors are always reassured when they know they have the possibility to have their overseas property investments managed by English/German companies specifically set up with this task in mind, offering a range of services from bookkeeping to rent collection on an ongoing basis. These German properties offered to you through rightmove.co.uk are managed by such a company – G&B Property Source, please call us with you questions.
Map and local schools:
To view this property or request more details, contact
G&B Property-Source Ltd.&Co.KG, Berlin
If you have other questions about this property, please
telephone: 0843 314 0748 (BT 4p/min)
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