Apartment for Sale Berlin, Berlin, Germany - Saxony - Tenanted Apartment House With 10. 9% Yield - Mondinion.com - Free International Real Estate Listings & International Property Ads, Overseas Real Estate

Saxony - Tenanted Apartment House With 10. 9% Yield

* Real Estate Listings, Apartments for Sale - Number of Bedrooms: 1, Number of Bathrooms: 1
* Europe, Western Europe, Germany, Berlin, Berlin
* Date Posted: 2009-02-05
* Listed by: Frontline Berlin (Real Estate Agent)
* Built area: 290 m2
* Price: 127,950 EUR (~ $ 174,525 USD) (Built area: 441.2 EUR / m2)

Frontline Berlin

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Saxony - Tenanted Apartment House With 10. 9% Yield

This attractive apartment house dates back to 1908 and was subsequently modernised in 1997. The property comprises of four residential apartments and one commercial unit with a total floor area of 290m2.

The property is fully tenanted and delivers an annual rental income in excess of 13,900 euros which equates to a yield of 10.87%.

The apartment house is located in Steinpleis, a district of Werdau in Saxony. Werdau is a typical residential town in Saxony located 50km east of Chemnitz and 80km south of Leipzig. The town, situated on the River Pleisse, has a population exceeding 23,000 with a history associated with textiles but more recently with precision engineering linked to the automobile industry. In addition the town is a tourist attraction set amongst the green rolling hills of Saxony.

This high-yield property is available at a price of only 441 euros per m2!!
for more information please contact heather.chesham@frontlineberlin.com
Other Details: Number of Bedrooms: 1, Number of Bathrooms: 1
* Price: 127,950 EUR (~ $ 174,525 USD) (Built area: 441.2 EUR / m2)

Date & Time Listed: 2009-02-05 11:04:25 GMT

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About Frontline Berlin

Frontline Berlin are a leading Real Estate Consultancy. We specialise primarily in the resale market of both Vacant and Tenanted apartments, for both the pure investor clients and those looking for a holiday home throught the city of Berlin.

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