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5 bedroom detached house for sale

Germany - Netzschkau, Saxony

€46,000

like this property?

Call: 0141 432 1234
  • Description
  • Floorplans (0)
  • Map

Key features:

  • 6 apartments
  • One apartment with modern bathroom
  • Corner plot
  • Land to rear

Full description:

Large freehold apartment block for sale in attractive town in Germany, great returns possible.

Expect to earn around 400 Euros per apartment when each has been revitalised, thats 2400 Euros per month / 28,800 per year / 288,000 Euros in 10 years, thats a massive ROI!
One of the apartments is renovated, so the owner can live in this whilst doing the others, the property has a generously sized staircase, this is a very grand property.

Expect to earn around 400 Euros per apartment when each has been revitalised, thats 2400 Euros per month / 28,800 per year / 288,000 Euros in 10 years, thats a massive ROI!
Rental prices are Buoyant in the area so expect 400 Euros from each apartment each month, that comes out at 2400 Euros per month, try beating that return on a UK investment property (Or in fact anywhere in Europe)! Your town has a population of around 4000, the town is 22KM from the city of Plauen, and 22KM from Zwickau. Other properties in the street have been renovated, only one is currently under renovation, almost complete. All homes in the street are occupied apart from the one under renovation, and a commercial property that has just been renovated across the street. Just across the road you will find a bakers and Coffee shop, you are 2 mins into the centre of the town, a garage is nearby for fuel too.
The mansion has a mix of gas central heating and solid fuel heaters.
The internal useable internal space is 330SQM.
The roof is good, the property needs refurbishment but is in a good solid condition.
The property is freehold and ready to go, all enquiries welcome.

This pin shows the general area of the property as the exact location was not given

Nearest Airports*

  • Leipzig-Halle (INTERNATIONAL), 55.6 miles
  • Erfurt (INTERNATIONAL), 62.1 miles
  • Dresden (INTERNATIONAL), 75.7 miles
  • Nürnberg (INTERNATIONAL), 92.2 miles

*Distances are straight line measurements. This feature is currently in beta.

To view this property or request more details, contact
Sneddon and Lock Ltd, Aviemore

0141 432 1234  Local call rate
About Sneddon and Lock Ltd, Aviemore

Sneddon & Lock Ltd is a British American partnership. Based in the city of Reichenbach, Germany, Sneddon & Lock offers the direct sales of German property at very competitive prices. Property types offered range from single family homes to multi-family apartment blocks, commercial factory units and commercial offices. All property is freehold and without commission.


Viewing trips are always possible with short notice to all property available. We speak both English and German. Fully insured and registered with the Information Commissioners office. We offer free impartial advice on all aspects of investing in Germany or purchasing for full time family living in this progressive, prosperous country.
 


Disclaimer

This is a property advertisement provided and maintained by Sneddon and Lock Ltd, Aviemore (reference Netz4) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

or call 0141 432 1234
Calling from outside the UK? 0044 141 432 1234

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