Five-storey apartment building in Leipzig.
Description
The apartment building includes 21 apartments with a total area of 1200 m².
In 2014, the building was renovated including the basement.
Currently, the building is in the process of complete renovation: central gas heating is connected, the roof and the facade are repaired and the windows are replaced.
According to estimates of the current owner, it is necessary to invest around € 800,000 to rent out the building.
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 3,5%.
Brokerage fee is 5% + VAT 19% (total 5,95%).
The property is located in Leipzig, Saxony. There is a public transport stop, a football club, a cafe, a school and various shops nearby.
Leipzig is the fastest growing city in the region of Central Germany with a population of more than 560 thousand people.
There is a trade fair in the city well-known not only in Germany but in all the world.
Leipzig occupies an important position in the development of the business industry, thus being one of the top priorities in the real estate investment market.
There are offices of such corporations as Amazon, BMW, Porsche and DHL.
Economic development, modern infrastructure, tourism potential and socio-demographic growth make a significant contribution to the creation of an investment portrait of the city.
Leipzig also has good transport links, there are exits to A9, A14 and A38 motorways and federal highways. In addition, there is Galle International Airport and the central station of Leipzig located in the center of the city.
- Purchasing power index is 86.85
- Centrality is 1.1
- The turnover rate is 96.40
