Building for renovation, Leipzig, Germany

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Building for renovation, Leipzig, Germany

1,950,000 €
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Total area: 6,300 m² Built in 1911
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Features
  • Land area: 4,650 m²
  • 3-floor building
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 6.0%

Vacant factory building for renovation.

Description 

The building was built in 1911 and has a beautiful brick facade and spacious rooms.

The building is completely empty.

There is a possibility to convert the property into an apartment or an office building.

Equipment

  • staircases
  • freight elevators 

Transaction costs

Notary fee is 1.5 – 2%.

Acquisition tax is 3,5%.

The broker's fee is 6% + 19% VAT (in total 7.14%). 

Location

The building is located in the eastern part of Leipzig with a well-developed infrastructure.

The distance from the city center is just 5 km, from the main railway station is 8 km, and from the airport is 24 km. 

The population of Leipzig is 560,000 people. Over the past 5 years, 50,000 young people(the average age from 25 to 34 years) have migrated to Leipzig. 

The number of jobs increased by 11.5% and the number of workers increased by 19.5%. The unemployment rate does not exceed 8.69%.

The purchasing power index is 89.31. 

Leipzig/ Halle Intercontinental Airport is located in the city. It is considered the second largest cargo hub in Germany.

Statistics in Leipzig

Price per m², €
3,431
Healthcare efficiency level
65
Crime rate
40
Real estate Price, €
Apartment in the city centre, m² 3,431.0
Apartment in a bedroom community, m² 2,283.33
Transport Price, €
Public transport, 1 ride 2.7
Monthly travel card 75.8
Taxi, 1 km 1.7
Petrol, 1 l 1.43
Food Price, €
Water, 1.5 l 0.25
Milk, 1 l 0.7
White bread, 500 g 1.22
Eggs, a dozen 1.78
Chicken fillet, 1 kg 6.61
Education Price, €
Kindergarten, per month 190.19
International school, per year 13,190.0
Health care index
Staff competence 66.67
Medical equipment 91.67
Research accuracy and completeness 62.5
Attitude towards patients 45.83
Security index
Crime rate 43.38
The risk of being robbed 36.81
The risk of car theft 34.72
The risk of break-in and property damage 56.25

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 17 4822 0039
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    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services
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